Which Statement Concerning Liabilities Is Untrue

Which statement concerning liabilities is untrue?

A) Borrowing to finance assets provides the potential for greater returns for owners but also means greater risk.
B) The absolute value of liquidity ratios is usually more important than their trend over time.
C) A difference between an accounts payable and a bills payable is that the liability created with a bills payable is evidenced by a bills payable or a promissory note.
D) Leverage is the use of borrowed funds in an attempt to earn a return greater than the interest paid on the borrowings.