.When there is a settlement b.When the warranty When the sale of d N of a warranty claim made by a customer. merchandise is made. these obligation is recognized 1 points QUESTION 17 Which of the following items is not classified as a current asset? C a Accounts Receivable. b.Merchandise Inventory. Office Equipment. 1. d.Prepaid Rent. 1 points QUESTION 18 On a classified balance sheet, the financial statement user will be able to distinguish between: Cacash flow from operations and 1. cc. current and nonrd, none of b. product and period costs. C these cash flow from investing activities current assets. 1 points QUESTION 19 Which of the following items would be least likely to appear in the current liabilities section of a classified balance sheet? 1. a. Accounts Payable. Wages Payable C.Bonds Pavable, d.Interest Payable. 1 points