Which of the following statements regarding liabilities is false?Multiple ChoiceA liability is a probable future payment of assets or services that a company is presently obligated to make as a result of past transactions or events.Potential future wages to be paid to employees should be recorded as liabilities.Long-term liabilities are obligations due after one year, or the company’s operating cycle if longer.Liabilities are classified as either current or long term.Liabilities can involve uncertainty in whom to pay.