A Balance Sheet That Lists the Assets Above the Liabilities

question 113

Multiple Choice

A balance sheet that lists the assets above the liabilities and owner's equity sections is a(n) ________ balance sheet.

• A) report form
• B) unclassified form
• C) account form
• D) audited form

---

Definitions:

Business Networks

The collection of individuals, organizations, and resources that come together to conduct business activities and transactions.

Metropolitan Area Network (MAN)

A wide area network (WAN) that links users in a specific geographic area (such as within a city or county).

International Company

A business entity that operates in multiple countries apart from its home country, often involved in exporting and importing goods and services.

Connect Computers

The process of establishing a communication link between two or more computers so they can share resources, data, and applications.