All of the following statements regarding long$-$term liabilities are true except?

Select one:

a$.$ Liabilities not expected to be paid within the longer of one year or the company's operating cycle are reported as long$-$term liabilities.

b$.$ Long$-$term liabilities include long$-$term notes payable, warranty liabilities, lease liabilities, and bonds payable.

c$.$ Liabilities that do not have a fixed due date, but are payable on demand, are reported as long$-$term liabilities.

d$.$ Long$-$term liabilities can be reported on the balance sheet in a single total or in multiple categories.

e$.$ A single long$-$term liability can be divided between current and noncurrent sections on the balance sheet.