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Basic Question 2 of 12

Current assets are presented in the balance sheet in order of ______.
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User Contributed Comments 4

User Comment
drets Current Assets are presented based on LIQUIDITY
Sean12211 Thanks for the clarification, lol
nayagan lol@sean
DonAnd u people are hilarious!
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You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu

Colin Sampaleanu

Learning Outcome Statements

describe the elements of the balance sheet: assets, liabilities, and equity;

describe uses and limitations of the balance sheet in financial analysis;

describe alternative formats of balance sheet presentation;

contrast current and non-current assets and current and non-current liabilities;

CFA® 2024 Level I Curriculum, Volume 3, Module 19.