C213

WGU C213 FINAL EXAM QUESTIONS AND ANSWERS 2023 ALL CORRECT!! 1. Order of assets listed on the balance sheet: Assets are listed in the order of liquidity. Liquidity is the amount of time it would usually take to covert an asset into cash. Obviously, cash would be listed first, followed by marketable investments (a company can quickly convert a short-term investment into cash). Accounts receivable would be listed next followed by inventory, and long-term investments, fixed assets, and inta...