Knowledge Check or Which of the following statements about the classification of obligations expected to be refinanced? (Select all that apply.) Check Al Thot Aopl. Under IFRS, liablities pryable within the coming year are elassified as long-term lisbilites only if refinancing is completed before the balance sheet dote. Under IFRS, labilities payable wahin the coming year cannot be classified as long term labilities even if refinancing is completed before the bolance sheet date-: Under US. GAAP, Eabilties payable within the coming year ace classified as long-term labilitios if refinancing is completed before the date of issuance of the financlal statements. Under US. GAAP. Isbilities payable within the coming year cannot be classified as long term liabities even if refiniticing is completed before the date of issuance of the financial statements