Rymore Company would like to classify the following costs according to their cost behavior: 
-Which of the following classifications best describes the behavior of Cost A?
Definitions:
Current Liabilities
Obligations or debts a company is expected to settle within one fiscal year or its operating cycle, whichever is longer, including accounts payable and short-term loans.
Debt Guarantees
Debt guarantees refer to commitments made to pay back a loan or debt if the original borrower fails to do so, often provided by a third party.
Contingent Liabilities
Liabilities that may occur depending on the outcome of a future event.
Contingent Liability
A potential financial obligation that may occur, depending on the outcome of a future event.
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