The Standard Classification and Order of the Asset Section of a Classified

Multiple Choice

The standard classification and order of the asset section of a classified balance sheet is

A) long-term investments, current assets, property, plant and equipment, intangible assets, goodwill.
B) current assets, long-term investments, property, plant and equipment, intangible assets, goodwill.
C) intangible assets, current assets, long-term investments, property, plant and equipment, goodwill.
D) property, plant and equipment, intangible assets, long-term investments, current assets.