Resources That a Firm Owns Are Called

question 193

Multiple Choice

Resources that a firm owns are called

• A) revenues.
• B) assets.
• C) equities.
• D) credits.

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Definitions:

Paid More

Referring to a situation or outcome where an individual or entity receives increased financial remuneration or compensation.

Market Economy

An economic system in which decisions regarding investment, production, and distribution are based on supply and demand, with little government intervention.

Internal Slave Trade

The trade of enslaved people within the borders of a country; in the United States, it particularly refers to the trade of slaves between states.

Wage Earners

Individuals whose primary income comes from their employment salary or wages, as opposed to investments or other sources.