Liabilities that will be paid over a period of more than one year are ________.
A) Long-term liabilities
B) Long-term assets
C) Equity
D) Current liabilities
E) None of the above

Question

Quizplus · Accepted Answer

Liabilities that will be paid over a period of more than one year are considered long-term liabilities. This includes things like long-term loans, bonds, and lease obligations.

Liabilities That Will Be Paid Over a Period of More