Which of the Following Describes a Correct Priority of Claims

Multiple Choice

Which of the following describes a correct priority of claims in a bankruptcy liquidation?

A) Wages, government tax claims, consumer claims, and preferred stockholders.
B) Government tax claims, bankruptcy expenses, unsecured creditors, preferred stockholders.
C) Bankruptcy expenses, consumer claims, unsecured creditors, government tax claims.
D) Government tax claims, unsecured creditors, preferred stockholders, bankruptcy expenses.
E) Bankruptcy expenses, wages, unsecured creditors, preferred stockholders.