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

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Definitions:

Implicit Memories

Implicit memories are memories that influence our thoughts and behaviors without our conscious awareness, including skills and tasks learned through repetition.

Explicit Memory

The conscious recollection of information, such as facts and events, which can be verbally communicated.

Knit

The craft of creating fabric or textile by interlocking loops of yarn using needles.

Procedural Memory

A type of long-term memory involved in the unconscious memory of skills and how to perform certain tasks.