List the Assets in the Order from Most Liquid to Least

question 95

Multiple Choice

List the assets in the order from most liquid to least liquid.

• A)Inventory,accounts receivable,cash
• B)Inventory,cash,accounts receivable
• C)Accounts receivable,inventory,cash
• D)Cash,inventory,accounts receivable
• E)Cash,accounts receivable,inventory

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Definitions:

Direct Access Storage Device (DASD)

A type of storage device that allows data to be read and written directly in a random access manner, without having to sequentially access other data first.

Medium

A substance or material that something is transmitted through, especially in the context of communications or media.

Floppy Disk

A type of disk storage composed of a disk of thin and flexible magnetic storage medium enclosed in a square or rectangular plastic shell, now largely obsolete.

Platter

A rigid, flat surface in a hard disk drive where data is magnetically stored.