Which of the Following Statements Is FALSE

question 97

Multiple Choice

Which of the following statements is FALSE?

• A) On the balance sheet a firm's assets are listed in ascending order of liquidity.
• B) In a common size balance sheet,all assets are expressed as a percentage of sales.
• C) Net property,plant and equipment represents the original value of all real property,structures and long-lived equipment owned by the corporation.
• D) all of the above statements are false

---

Definitions:

Nutrients

Essential substances that organisms must obtain from their diet to sustain life and achieve proper growth and bodily function.

Classes

Organized groups or sessions of instruction or education in various subjects or skills.

Macronutrients

Essential nutrients, including carbohydrates, fats, and proteins, required in large amounts for energy and support of bodily functions and growth.

Functions

Refers to the natural purposes or activities that an entity or organ performs or is intended to perform.