The Current Assets of Most Companies Are Usually Made Up

question 22

Multiple Choice

The current assets of most companies are usually made up of:

• A)assets that are currently used in the operations of the company.
• B)cash and assets expected to be converted to cash within a year.
• C)a very small proportion (less than 10%)of the total assets of the entity.
• D)cash, marketable securities, and accounts and notes receivable.

---

Definitions:

Topographic Model

Freud’s original model of personality structure, in which personality is divided into three different levels of awareness.

Preconscious

In Freud’s topographic model, the part of personality that contains thoughts that can be brought into awareness with little difficulty.

Ego

In psychoanalytic theory, the part of the personality that mediates between the desires of the id, the norms of the superego, and the realities of the external world.

Topographic Model

A framework in Freudian psychoanalysis that divides the mind into the conscious, preconscious, and unconscious levels of awareness.