tion 9 The current portion of long-term debt should et ered ed out of lag question Select one: a. be paid immediately. b. The answer does not exist c. be classified as a long-term liability. d. be reclassified as a current liability. O e. not be separated from the long-term portion of debt. 110 A current liability is a debt that can reasonably be expected to be paid but of question Select one: a. within one year or the operating cycle, whichever is longer. O b. between 6 months and 18 months. c. out of cash currently on hand. d. out of currently recognized revenues. O e. The answer does not exist