Humanities/Arts Exam > Humanities/Arts Questions > Identify the correct sequence of current asse...
Start Learning for Free
Identify the correct sequence of current assets in company’s Balance sheet?
A. Bills Receivables
B. Cash & cash equivalents
C. Short term loans & advances
D. Inventories
E. Current investments
B. Cash & cash equivalents
C. Short term loans & advances
D. Inventories
E. Current investments
Choose the correct answer from the options given below:
- a)C, A, B, E, D
- b)D, C, E, A, B
- c)B, D, E, C, A
- d)E, D, A, B, C
Correct answer is option 'D'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Identify the correct sequence of current assets in company’s Bal...
The correct sequence of current assets in a company is typically as follows:
1. Cash and cash equivalents: This includes all cash on hand and in bank accounts, as well as short-term investments that are highly liquid and can be easily converted into cash.
2. Accounts receivable: This represents the money owed to the company by its customers for goods or services that have been delivered but not yet paid for.
3. Inventory: This includes raw materials, work-in-progress, and finished goods held by the company for sale or production.
4. Prepaid expenses: These are expenses that have been paid in advance but have not yet been consumed or used up, such as prepaid rent or prepaid insurance.
5. Other current assets: This category may include short-term investments, marketable securities, and any other assets that are expected to be converted into cash within one year.
It is important to note that the specific sequence and classification of current assets may vary depending on the company and its industry.
1. Cash and cash equivalents: This includes all cash on hand and in bank accounts, as well as short-term investments that are highly liquid and can be easily converted into cash.
2. Accounts receivable: This represents the money owed to the company by its customers for goods or services that have been delivered but not yet paid for.
3. Inventory: This includes raw materials, work-in-progress, and finished goods held by the company for sale or production.
4. Prepaid expenses: These are expenses that have been paid in advance but have not yet been consumed or used up, such as prepaid rent or prepaid insurance.
5. Other current assets: This category may include short-term investments, marketable securities, and any other assets that are expected to be converted into cash within one year.
It is important to note that the specific sequence and classification of current assets may vary depending on the company and its industry.
Free Test
| FREE | Start Free Test |
Community Answer
Identify the correct sequence of current assets in company’s Bal...
The correct sequence of current assets in a company's Balance sheet is: D
Here's the explanation:
Here's the explanation:
- E. Current investments: Current investments are short-term investments that can be easily converted into cash within a year. They are considered the most liquid assets after cash and cash equivalents.
- D. Inventories (D): Inventories include raw materials, work-in-progress, and finished goods held by a company for the purpose of sale in the ordinary course of business. They are considered less liquid than current investments but more liquid than bills receivables.
- A. Bills Receivables: Bills receivables are short-term financial instruments that represent a claim on a debtor for the payment of goods or services provided. They typically have a maturity period of less than one year and are considered less liquid than inventories but more liquid than cash & cash equivalents.
- B. Cash & cash equivalents: Cash and cash equivalents are the most liquid assets on a company's balance sheet. They include currency, coins, and short-term investments that can be easily converted into cash within three months or less.
- C. Short term loans & advances: Short term loans and advances are amounts owed to a company by its customers or other parties, which are expected to be repaid within one year. They are considered less liquid than cash & cash equivalents but more liquid than long-term loans and advances.
Attention Humanities/Arts Students!
To make sure you are not studying endlessly, EduRev has designed Humanities/Arts study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Humanities/Arts.
|
Explore Courses for Humanities/Arts exam
|
|
Similar Humanities/Arts Doubts
Top Courses for Humanities/ArtsView all
Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer?
Question Description
Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer?.
Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts.
Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Identify the correct sequence of current assets in company’s Balance sheet?A. Bills ReceivablesB. Cash & cash equivalentsC. Short term loans & advancesD. InventoriesE. Current investmentsChoose the correct answer from the options given below:a)C, A, B, E, Db)D, C, E, A, Bc)B, D, E, C, Ad)E, D, A, B, CCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
|
|
Explore Courses for Humanities/Arts exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup