Cash Is Listed as the First Current Asset Because It

question 31

Multiple Choice

Cash is listed as the first current asset because it is the account:

• A)with the most value.
• B)that is most liquid.
• C)that is most used.
• D)that is first alphabetically.

---

Definitions:

Memory of General Information

The ability to recall facts, concepts, and knowledge about the world that is not tied to specific experiences.

Researcher Feedback

Comments or information provided by researchers on the methods, results, or process of an experiment or study.

Deep Processing

Refers to a method of learning and memory retrieval that involves a meaningful analysis of the information, leading to better recall.

Distributed Practice

A learning strategy that involves spreading out study sessions over time, rather than cramming them into a single session.