1. Which of the following is a limitation of the balance sheet? A) Many items that are of financial value are omitted. B) Judgments and estimates are used. C) Current fair value is not reported. D) All of these answer choices are correct. 2. The correct order to present current assets is A) cash, accounts receivable, prepaid items, inventories. B) cash, accounts receivable, inventories, prepaid items. C) cash, inventories, accounts receivable, prepaid items. D) cash, inventories, prepaid items, accounts receivable. 3. The current assets section of the balance sheet should include A)...