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Assets are listed on the balance sheet in order of:
I. Decreasing liquidity
II. Decreasing size
III. Increasing size
IV. Relative life
Metaphors
Figures of speech that describe an object or action in terms that are not literally applicable, but imply a resemblance, to help convey meanings or understanding.
Abstract Concept
An idea or thought that is not tied to a specific tangible object or situation, often complex and not immediately understood.
Somatic Marker Hypothesis
The theory that emotional processes guide (or bias) behavior and decision-making, particularly in complex and uncertain environments.
Situational Factors
External influences that can affect an individual's behavior and decisions in a specific context.
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