Which of the Following Statements About Current Liabilities Is True

Multiple Choice

Which of the following statements about current liabilities is true?

A) Current liabilities are listed in order of decreasing amounts in the Current Liabilities section of the balance sheet.
B) The amount of current liabilities has little implication for a company's liquidity.
C) The Current Liabilities section never contains any portion of long-term liabilities.
D) The current ratio is defined as current assets divided by current liabilities.