The Most Liquid of Current Assets, in Order, Are

question 80

Multiple Choice

The most liquid of current assets, in order, are:

• A) accounts receivable, inventory, cash and cash equivalents.
• B) cash and cash equivalents, accounts receivable, marketable securities.
• C) cash and cash equivalents, marketable securities, accounts receivable.
• D) marketable securities, cash and cash equivalents, accounts receivable.

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Definitions:

Kant's Categorical Imperatives

Fundamental principles in Immanuel Kant's ethical theory that command us to act in a universally acceptable way, independent of our desires.

Act Consequentialists

Adherents of a branch of consequentialism that assesses each action by the goodness of its consequences, without reliance on general rules.

Obedience to Rules

The act of following directives, standards, or laws established by authorities or societies to maintain order and achieve collective goals.

Equal Worth

The principle that all individuals have the same intrinsic value, regardless of their circumstances, and should be treated with dignity and fairness.