44. In determining whether assets and liabilities are classified as current or non-current the lecture identifies two criteria: ability and intent. In this respect which of the following statements is correct
A. For an asset, an absence of ability results in classification as current.
B. For a liability, an absence of ability results in classification as current.
C. For an asset, an absence of intent results in classification as current.
D. For a liability, an absence of intent results in classification as noncurrent.