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:

Extinct

A term used to describe a species that no longer exists anywhere on Earth.

Genetic Traits

Characteristics or attributes of an organism determined by its genetic makeup.

Critical Population Density

The threshold of population size beyond which a specific area's resources could not sustainably support life, leading to environmental degradation or population decline.

Gene Pool

The complete set of genetic information in the breeding population of a particular species, representing the variety of genes available.