The Following Is the Proper Order for Assets on a Balance

question 31

Multiple Choice

The following is the proper order for assets on a balance sheet:

• A) Cash, intangibles, inventories, and long-term investments.
• B) Cash, accounts receivable, property, plant and equipment, and long-term investments.
• C) Cash, long-term investments, property, plant and equipment, and intangibles.
• D) Cash, long-term investments, prepaid expenses and property, plant and equipment.

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Definitions:

Geographical Departmentalization

An organizational structure in which departments are organized based on geographic regions or areas.

Geographical Departmentalization

An organizational structure where departments are created based on geographic regions or territories.