Which of the Following Presents the Proper Ordering of Assets

question 47

Multiple Choice

Which of the following presents the proper ordering of assets, liabilities and equities on the statement of financial position used by some countries that is different from the U.S.?

• A) current assets, long-term assets, current liabilities
• B) inventories, trade-receivables, cash
• C) assets, liabilities, equities
• D) current liabilities, long-term liabilities, equities

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Definitions:

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Specific medical or therapeutic courses of action recommended by healthcare professionals to treat a patient's condition.

Passive Role

Involves being inactive or not participating actively in a situation or process.

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A professional responsible for the care and upkeep of lawns and garden landscapes, including tasks like mowing, fertilizing, and controlling pests.

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