What Is the Correct Order for the Balance Sheet

question 154

Multiple Choice

What is the correct order for the balance sheet?

• A) Assets, owners' equity, liabilities
• B) Owners' equity, financial position, assets
• C) Liabilities, owners' equity, assets
• D) Assets, liabilities, owners' equity
• E) Owners' equity, assets, liabilities

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Definitions:

Big Data

Large and complex data sets which are difficult to process using traditional data processing applications.

Traditional DBMS

Database Management Systems that employ classic models such as hierarchical, network, and relational databases to organize and manage data efficiently.

Data Predictions

The process of using algorithms, statistics, and machine learning techniques to forecast future outcomes based on historical data.

Bit

The smallest unit of data in computing, representing a binary value of either 0 or 1.