Receivables are A. always the result of revenue recognition. B. claims that are expected to be collected in cash. C. shown on the income statement at cash realizable value. D. one of the most liquid assets and thus are always considered current assets.

Option A

Explanation:

From the word, Receive, that is, to take, Receivables is coined from the word receive, used in the financial sector to define potential or already gotten value assets mostly cash from an invested amount or investment. People also categories it has returns/gain from an expended asset.

They are always a result of revenue gotten from expenses. People don't expect receivables when there has not been expenses or investment.

So therefore, receivables are the result of revenue recognition.