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CUET Business Studies 2026 PYQs23 May Shift 1. Free, no login required.

Business Studies

past year questions, CUET Business Studies 2026 23 May Shift 1

Business Finance

past year questions, Business Studies, CUET Business Studies 2026 23 May Shift 1

Medium

Arrange the following in the correct sequence of liquidity:

A. Prepaid expenses

B. Work in progress

C. Debtors

D. Bills receivables

Choose the correct answer from the options given below:

Solution

✅ Correct Option: 4

In order of liquidity, current assets closest to cash come first: bills receivable (D) have a fixed maturity and are most readily convertible, followed by debtors (C), then work in progress (B) which must still be completed and sold, and finally prepaid expenses (A), which are never converted into cash. Hence D, C, B, A.

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CUET Business Studies Past Year Questions (Topic-Wise)