Which of the Following Is the Correct Balance Sheet Presentation

question 2

Multiple Choice

Which of the following is the correct balance sheet presentation for current assets?

• A) Cash, inventories, account receivables, prepaid expenses.
• B) Cash equivalents, cash, other current assets, accounts receivable.
• C) Accounts receivable, inventories, prepaid expenses, other current assets.
• D)Marketable securities, cash, notes receivable, prepaid expenses.

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that has been repeatedly presented along with an unconditioned stimulus.

Unconditioned Response

A natural, automatic, and innate reaction to a stimulus that occurs without prior learning or conditioning.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.

Unconditioned Stimulus

In classical conditioning, a stimulus that naturally and automatically triggers a response without any learning being involved.