The following statements concerning long-term debt are true except that ______.A.long-term debt is a liability of a period longer than one yearB.long-term debts are paid in installmentsC.despite of different payment plans, long-term debts are never classi

题目

The following statements concerning long-term debt are true except that ______.

A.long-term debt is a liability of a period longer than one year

B.long-term debts are paid in installments

C.despite of different payment plans, long-term debts are never classified as current liabilities

D.the loan borrowed by the company is a typical example of long-term debt


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