15.The assets section of the balance sheet normally presents assets in

a. the order of smallest to largest dollar amounts

b. alphabetical order

c. the order of largest to smallest dollar amounts

d. the order in which they will be converted into cash or used in operations

17.

Assets are

a. the same as expenses because they are acquired with cash

b. always lower than liabilities

c. equal to liabilities less owner's equity

d. financed by the owner and/or creditors