Which of the Following Statements Is Correct

Which of the following statements is correct?

A) A company may exclude a short-term obligation from current liabilities if it intends to refinance the obligation on a long-term basis.
B) A company may exclude a short-term obligation from current liabilities if it has an unconditional right to defer settlement of the liability for at least 12 months.
C) A company may exclude a short-term obligation from current liabilities if it is paid off after the statement of financial position date and subsequently replaced by long-term debt before the statement of financial position is issued.
D) None of these.