All the interest income on U.S. Treasury bills is recorded at maturity

On a statement of financial affairs, how are liabilities classified?

A. Current and noncurrent. B. Secured and unsecured. C. Monetary and nonmonetary. D. Historic and futuristic.

Water transportation is rated "low" in reliability since approximately 200 freighters sink due to bad weather or other factors

Indicate whether the statement is true or false