Which of the Following Presents Assets in the Correct Balance

question 11

Multiple Choice

Which of the following presents assets in the correct balance sheet order?

• A) cash, land, accounts receivable, equipment
• B) marketable securities, equipment, prepaid insurance, inventory
• C) cash, inventory, equipment
• D) accounts receivable, buildings, inventory, land
• E) buildings, prepaid expenses, inventory, equipment

---

Definitions:

Corporate Vertical

A term not recognized as a standard business or economic concept. NO.

Exclusive Dealing

A contractual agreement where a seller agrees to sell, and a buyer agrees to buy, products exclusively from each other.

Johnson Controls

Johnson Controls is a multinational conglomerate that produces fire, HVAC, and security equipment for buildings. It specializes in products, solutions, and technologies for making buildings more efficient and sustainable.

Logistics Management

The part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information.