Which of the Following Is Normally the First Asset Listed

question 112

Multiple Choice

Which of the following is normally the first asset listed on a balance sheet?

• A) inventory
• B) accounts receivable
• C) equipment
• D) cash

---

Definitions:

Informal Rule Making

A type of rule making in which an agency publishes a proposed rule in the Federal Register, considers public comments, and then publishes the final rule. Also called notice-and-comment rule making.

Administrative Agencies

Government bodies responsible for the oversight and administration of specific functions and laws, including regulation and enforcement.

Jury Trials

Legal proceedings where a group of citizens is selected to hear the evidence and make a decision in a court case.

Administrative Agencies

Administrative agencies are government bodies responsible for administering laws and regulations, and overseeing the implementation and enforcement of policies within specific areas.