In what order are current assets listed on a balance sheet?

A) By dollar amount (largest first) .
B) By date of acquisition (earliest first) .
C) By liquidity.
D) By relevance to the operation of the business.

Liquidity

The ease with which an asset can be converted into cash without significantly affecting its price, reflecting a company's ability to meet short-term obligations.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the business's normal operating cycle.