Which of the Following Would Not Be Classified as a Long-Term

question 40

Multiple Choice

Which of the following would not be classified as a long-term liability?

• A)Current maturities of long-term debt
• B)Bonds payable
• C)Mortgage payable
• D)Lease liabilities

---

Definitions:

Reproduce

The biological process by which new individual organisms are generated, often involving sexual or asexual means.

Sense of Smell

Also known as olfaction, it is the ability to detect and identify airborne substances or odors through the olfactory system.

Equilibrium

A state of balance between opposing forces or actions, often used in contexts ranging from physics to economics.

Hearing

The sense through which sound is perceived, involving the detection of vibrations through the ear.