Question: please , are these answers correct ? 3. Current assets are presented in the balance sheet in ascending order of their balances. Tal [bJ descending

please , are these answers correct ?

3. Current assets are presented in the balance sheet in ascending order of their balances. Tal [bJ descending order of their balances. order of their liquidity. [c] [d] reverse order of their liquidity. 4. The statement of cash flows reports all of the following EXCEPT [a] the net change in cash for the period. [b] the cash effects of operations during the period. [c] the free cash flows generated during the period. [d] investing transactions

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