Which of the following best describes non-debt current liabilities?

The best description of non-debt current liabilities is that they encompass all obligations, aside from short-term debt, that are due within one year. This includes a range of liabilities such as accounts payable, accrued expenses, and other operating liabilities that a company must settle in the near term.

This definition is important as it differentiates non-debt current liabilities from other types of obligations, specifically focusing on those that do not involve borrowing. Non-debt liabilities can provide insight into a company's operational efficiency and short-term financial health, as they reflect the company’s obligations to suppliers, employees, and other stakeholders.

The other options presented would either include short-term debts, which would classify those liabilities as debt-related, or specify limitations that do not sufficiently capture the broad nature of non-debt current liabilities. For example, describing the classification as including only payroll liabilities or as obligations due within two years does not align with the definition that restricts the timeframe to one year and excludes debt-related items.