Current Liabilities

Multiple Choice

Current Liabilities

A) Are listed in order of liquidity.
B) Are due to be settled after one year or the operating cycle.
C) Are due to be settled within the shorter of one year or the operating cycle.
D) Are closed at the end of the accounting period to current assets.
E) Are listed in the order in which they are to be paid, with the first one listed to be paid first.