Which of the following is the most appropriate way to display liabilities on the balance sheet?

A) nearness to maturity
B) relative likelihood of payment
C) order of magnitude
D) alphabetically by payee

Liabilities are typically displayed on the balance sheet in order of their nearness to maturity (i.e. short-term liabilities are listed before long-term liabilities). This allows stakeholders to understand the company's obligations and their timing. Relative likelihood of payment, order of magnitude, and alphabetical by payee are not commonly used methods for displaying liabilities on the balance sheet.