Under IFRS and Under GAAP, Current Assets Are Listed In \quad

question 91

Short Answer

Under IFRS and under GAAP, current assets are listed in $\quad \text { IFRS } \quad \quad \quad \quad \quad \quad \quad \text { GAAP }$
a.order of liquidity $\quad$$\quad$$\quad$$\quad$ order of liquidity
b.reverse order of liquidity $\quad$ order of liquidity
c.order of liquidity $\quad$$\quad$$\quad$$\quad$ reverse order of liquidity
d.reverse order of liquidity $\quad$ reverse order of liquidity

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Definitions:

Families

Groups of related individuals, living together or in close emotional connection, often characterized by shared values, responsibilities, and affection.

Throughput Sector

Part of an economic or production system that processes inputs into outputs, emphasizing the flow of resources.

Decoded

Refers to the process of interpreting or giving meaning to something, such as a message, information, or data, by converting it from a coded form into a more understandable format.

Coded

Involves transforming data or information into a format that is understandable by a specific system, often for the purpose of confidentiality, tracking, or efficiency.