Question: Excluding a short - term obligation from current liabilities can be done when None of the choices provided are correct as companies cannot exclude short

Excluding a short-term obligation from current liabilities can be done when
None of the choices provided are correct as companies cannot exclude short-term obligations from current assets.
the company intends to settle the obligation one year after the balance sheet date.
the company enters into a financing agreement that permits the company to refinance the debt with a 2 year note.
the company issues stock to settle the obligation before the due date.
Excluding a short - term obligation from current

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