Current liabilities .a. are listed in the balance sheet, starting with accounts payable. b. are listed in the balance sheet in order of their expected maturity. c. should not include long-term debt that is expected to be paid within the next year. d. are obligations that the company is to pay within the forthcoming year.

Option D Are obligations that the company is to pay within the forthcoming year.

Explanation:

The liabilities are the obligation of the company that has arisen due to the occurence of past event and the organization is liable to pay the consideration (something that is valuable in monetary terms) to party. Their are many obligations that are not written in the financial statement which IAS 37 Provisions, Contingent Liabilities and Contingent Assets, does not permit to include in financial statement depending upon the chances of liability arising is remote or reasonably possible but not certain or probable. So the right answer is option D.

answer; consideration;

answer; situational irony;