Consider the following statements and decide whether they are true or false. 1. Current assets are generally listed on the balance sheet in order of their liquidity with the most liquid of these assets being listed first and the least liquid being shown last. 11. Assets such as inventory, land, equipment, and buildings must always be presented at their fair market values on the balance sheet. A company that is publicly-traded can use accelerated forms of depreciation for the financial records it prepares for tax purpses and straight-line depreciation to account for its inventory cost flow in the financial statements its presents to its investors. Select one: a. All of them are true, b. Two of them are true. c. One of them is true, d. All of them are false