Which of the Following Should Be Excluded from Long-Term Liabilities

question 79

Multiple Choice

Which of the following should be excluded from long-term liabilities?

• A) Obligations payable at some date beyond the operating cycle
• B) Most pension obligations
• C) Non-current liabilities that mature within the operating cycle and will be paid from a sinking fund
• D) None of these choices are correct.

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Definitions:

Curanderos

Traditional folk healers in Latin American cultures who use a variety of healing practices.

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.

Operant Conditioning

A method of education where the force of a behavior is adjusted using punishment or reinforcement.

Learning Process

The acquisition of knowledge or skills through study, experience, or teaching.