A payable classified as current liabilities on the balance sheet is expected to be paid within ?

The answer is option (4). A current liability is to be paid within a current operating cycle or one year, whichever is longer.

My answer is4. The current operating cycle or one year, whichever is longer.

IAS classifies liability as current when it is expected to be paid within one year or current operating cycle whichever is longer.

Answer is 4 whichever is longer 

The current operating cycle or one year , whichever is longer

number4 is the correct answer 

Thanks 

The Correct answer is Option4.....Because the Current Liabilities is Expected to be paid or expired more than one year .......For the less than one year liabilities.. It will b shown under the heading of non current liability,

3- The current operating cycle or one year , whichever is shorter ..............................

The current operating cycle or one year , whichever is shorter .