Two Common Subgroups for Liabilities on a Classified Balance Sheet

Multiple Choice

Two common subgroups for liabilities on a classified balance sheet are:

A) Current liabilities and intangible liabilities.
B) Present liabilities and operating liabilities.
C) General liabilities and specific liabilities.
D) Intangible liabilities and long-term liabilities.
E) Current liabilities and long-term liabilities.