The Current Portion of Long-Term Debt Should

question 7

Multiple Choice

The current portion of long-term debt should

• A) be classified as a long-term liability
• B) not be separated from the long-term portion of debt
• C) be paid immediately
• D) be reclassified as a current liability

---

Definitions:

Exceptional Skills

Outstanding or superior abilities in a particular area or field, significantly surpassing the average.

Behavioral Sciences

Disciplines that explore the activities and interactions among human beings, including psychology, sociology, and anthropology.

Political Science

The study of the behavior of individuals and groups within a political environment.

Management Theory

A collection of ideas and principles that aim to improve the efficiency and effectiveness of organizational leadership and decision-making.