Current assets are usually listed in order

A) of the due date
B) of the size
C) alphabetically
D) of liquidity

Question

Current assets are usually listed in orderA) of the due dateB) of the sizeC) alphabeticallyD) of liquidity

Jennifer Simms · Accepted Answer

Final Answer : D, Explanation :  Current assets are usually listed in order of liquidity, which means the ease with which they can be converted into cash. The most liquid asset comes first, followed by the less liquid ones. This ordering helps users of financial statements determine the company's ability to meet its short-term obligations.

Current assets are usually listed in order

A) of the due date
B) of the size
C) alphabetically
D) of liquidity

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