One thing that is not considered to be a current liability is (C) Short-term obligations expected to be refinanced.
These are debt obligations that a company has which it expects to pay off within a year.
Short-term obligations are current liabilities unless the company expects to refinance them in which case they are long-term.
Options for this question:
A. Accounts payable
B. Accrued expenses
C. Short-term obligations expected to be refinanced
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