Listed below are several terms and phrases associated with current liabilities. Pair each item from List A (by letter) with the item from List B that is most appropriately associated with it.

1. Interest expense is recorded in the period interest is incurred rather than in the period interest is paid.	a. The riskiness of a business’s obligations.
2. Payment is reasonably possible and is reasonably estimable.	b. Current portion of long-term debt.
3. Cash, current investments, and accounts receivable all divided by current liabilities.	c. Recording a contingent liability.
4. Payment is probable and is reasonably estimable.	d. Disclosure of a contingent liability.
5. Gift cards.	e. Interest expense.
6. Long-term debt maturing within one year.	f. FICA.
7. Social Security and Medicare.	g. Commercial paper.
8. Unsecured notes sold in minimum denominations of $25,000 with maturities up to 270 days.	h. Acid-test ratio.
9. Classifying liabilities as either current or long-term helps investors and creditors assess this.	i. Accrual accounting.
10. Incurred on notes payable.	j. Deferred revenue.