In Which Order Will Assets Be Listed in a Balance

question 42

Multiple Choice

In which order will assets be listed in a balance sheet?

• A)In ascending order of the value of the asset
• B)In alphabetical order
• C)In ascending order of the date of purchase of asset
• D)In order of liquidity
• E)In order of importance for the company

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Definitions:

Lack of Privacy

The state or condition where an individual's personal information or activities are exposed without their consent.

Communication Attempt

A try to exchange information, ideas, or emotions between individuals or groups.

Concentration Ratio

A measure used in economics to assess the degree to which a market or industry is dominated by the top firms.

Market Shares

The percentage of an industry's sales that is earned by a particular company over a certain time period.