Given the Following Assets;

question 42

Multiple Choice

Given the following assets;
I. Long-term assets
II. Inventories
III. Receivables
IV. Marketable securities
Arrange the above assets in the order of liquidity. (The most liquid being first)

• A) I, II, III and IV
• B) II, III, IV and I
• C) III, IV, II, and I
• D) IV, III, II and I

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Definitions:

Male

Referring to the sex that produces small, mobile gametes (typically sperm) in sexually reproducing organisms.

Female

A sex that is typically associated with producing ova or eggs and possessing XX chromosomes in mammals, including humans.

Scarcity

A situation in which something is not available in sufficient quantities to satisfy the demand for it.

Rights

Entitlements or privileges that are guaranteed by law or moral principles, allowing individuals to act or be treated in certain ways.