Arrange the Following Assets in Decreasing Order of Liquidity (I

question 2

Multiple Choice

Arrange the following assets in decreasing order of liquidity (i.e., the most liquid should be listed first) .

• A)Equipment and machinery, inventories, accounts receivable, and marketable securities
• B)Inventories, accounts receivable, marketable securities, and equipment and machinery
• C)Accounts receivable, marketable securities, inventories, and equipment and machinery
• D)Marketable securities, accounts receivable, inventories, and equipment and machinery

---

Definitions:

Individual decisions

Choices or judgments made by a single person based on personal judgment, beliefs, and attitudes.

Consultative

A leadership or decision-making style that involves seeking input or feedback from others before making a final decision.

Representativeness heuristic

A cognitive shortcut used when making judgments about the probability of an event under uncertainty, based on how similar it is to a typical case.

Team leader

A person appointed or recognized within a group who guides, inspires, and coordinates the efforts towards achieving team objectives.