In order to exclude a short-term obligation from current liabilities, what conditions must be met?\ The company must charge any interest associated with the debt to future periods.\ The company must pay all fees associated with the debt during the current operating cycle.\ The company must be prepared to retire the debt from proceeds of a new debt issue.\ The company must ensure that the debt is not callable by the creditor.\ The company must have a contract right to defer settlement of the liability for at least one year

In order to exclude a short-term obligation from current liabilities, what conditions must be met? The company must charge any interest associated with the debt to future periods. The company must pay all fees associated with the debt during the current operating cycle. The company must be prepared to retire the debt from proceeds of a new debt issue. The company must ensure that the debt is not callable by the creditor