Which of the Following Is the Equation Form of Total

question 16

Multiple Choice

Which of the following is the equation form of total current assets?

• A) cash + marketable securities + accounts receivable + prepaid expenses + inventory
• B) investments + fixed assets − accumulated depreciation + intangible assets
• C) notes payable + accounts payable + other items payable + dividends payable + the current portion of long-term debt
• D) notes payable + accounts payable + other items payable − dividends payable + the current portion of long-term debt
• E) long-term debt + pension fund liabilities + long-term lease obligations

---

Definitions:

Raw Materials

Basic substances in their natural, modified, or semi-processed states, used as inputs for manufacturing, constructing, or processing goods and products.

Cheap Labor

Workforce available for employment at very low wages, often exploited by employers to minimize production costs.

Global Inequality

Refers to differences in the economic ranking of countries.

Industrialization

The process of economic and social transformation that converts agrarian societies into industrial ones.