Long-term liabilities generally include:
A) Liabilities related to long-term assets
B) Accounts payable, because they are interest-bearing
C) Obligations that extend beyond one year
D) Accrued expenses
Answer: C
Long-term liabilities generally include:
A) Liabilities related to long-term assets
B) Accounts payable, because they are interest-bearing
C) Obligations that extend beyond one year
D) Accrued expenses
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.