Which Classification of Assets Will Appear Last in the Statement

question 216

Multiple Choice

Which classification of assets will appear last in the Statement of Financial Position?

• A) Intangible Assets.
• B) Current Assets.
• C) Long-term investments.
• D) Property,Plant and Equipment.

---

Definitions:

Prescription

A written order, typically from a healthcare provider, authorizing a patient to be issued a medicine or treatment.

United States Pharmacopeia

A compendium of drug standards that ensures the quality, purity, strength, and consistency of medications in the United States.

Drug Standards

Official specifications concerning the quality, strength, purity, and identity of medications, enforced to ensure their safety and efficacy.

National Formulary

A list of medicines and drugs that are approved for use, often by a government or professional body.