[Solved] Which of the following statements is LEAST-Likely true? A) The first few minutes of an engine's operation are critical to its long life. B) A new part might look quite smooth to the naked eye. Compared to a used, worn-in part, however, it is quite rough. C) Heavy engine loads should be encouraged during break-in. D) Moving parts are continuously separated by a film of oil; only the peaks on rough surfaces touch. Cash: The most liquid form of assets, representing currency or assets that can be immediately turned into currency. Prepaid Expense: An expense that is paid for in advance and recorded as an asset until it is actually incurred. Double-Entry Bookkeeping: An accounting system in which the recording of each transaction affects two or more accounts and the total of the debits is equal to the total of the credits. Debiting: The process of recording an entry on the left side of the accounting ledger, which increases asset or expense accounts and decreases liability, equity, or revenue accounts.