单选题

Which of the following statements about a classified balance sheet is least likely accurate? A classified balance sheet（）。

A、 presents the net equity of each asset by subtracting its related liability.
B、 distinguishes between current and noncurrent assets.
C、 distinguishes between current and noncurrent liabilities.

【正确答案】 A

【答案解析】

A classified balance sheet groups assets and liabilities by subcategories. It distinguishes between current and noncurrent assets and current and noncurrent liabilities. The assets and related liabilities are reported separately, they are not netted.