dation. the e cash priority program for the installment meth e maximum loss absorption amount is computed bv of by his 7. In preparing the cash priority program liquidation, the a. multiplying the total claims o g the total claims of the partner in the partnership profit and loss percentage b. multiplying the capital balance of the partner in the partnership his profit and loss percentage 1S ding the total claims of the partner in the partnership bv hi profit and loss percentage d. dividng t ridting the capital balance of the partner by his profit and loss percentage 8. The cash availabie for distribution to partners in an installment liquidation is equa! to the a. cash available after a sale of noncash is made. b. cash available after payment to creditors are made. c. cash available after payment to creditors are made and after rese for future liquidation is set aside. d. All of the above. A partnership is considered to be insolvent when a. at least one partner is insolvent. b. its liabilities exceed its assets. c. at least one partner's capital account has a debit balance. d. its liabilities and partners' capital accounts exceed its assets 9. 10. The partner who has priority to first receive cash distribution under an advance cash distribution plan is the partner who a. can absorb the largest liquidation loss b. has the largest capital balance. c. has the smallest profit and loss percentage. d. has either the largest capital balance or the smalle percentage