Which One of the Following Does Not Constitute Probable Relationships

question 3

Multiple Choice

Which one of the following does not constitute probable relationships between accounts?

• A)Equipment and depreciation.
• B)Patent and amortization.
• C)Assets under capital leases and amortization.
• D)Oil reserves and depreciation.

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Definitions:

Perfected Security Interest

A perfected security interest is a legal claim or lien on collateral that has been publicly filed or registered, ensuring priority over others in the event of debtor default.

Financing Statement

A document filed to indicate a security interest in personal property, used to secure or claim debts.

ABC Electronics

A hypothetical or generic name often used to represent a fictional electronics company or retailer.

Financing Statement

A legal document filed to indicate a secured interest in personal property, used to perfect a security interest under Article 9 of the Uniform Commercial Code.