Which of the Following Statements Is FALSE

question 69

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:

Arbitration

A form of alternative dispute resolution where a neutral third party makes a binding decision to resolve a conflict between parties.

Grievance Procedures

Formal steps followed by an organization for employees to report and resolve conflicts, complaints, or concerns related to their work environment or relationships.

Legal Costs

Expenses incurred in the process of legal action or in providing legal services, including lawyer fees and court costs.

Gender Diversity

The equitable representation and inclusion of various genders within a workplace or organization, aiming for a balanced distribution across all levels and roles.