Which of the Following Would Not Be Included in Operating

question 146

Multiple Choice

Which of the following would not be included in operating assets in return on investment calculations?

• A) Cash.
• B) Accounts Receivable.
• C) Equipment
• D) Factory building rented to (and occupied by) another company.

---

Definitions:

Check-Collection

The process of receiving and processing checks to obtain payment from the banking institutions on which they are drawn.

Disclaimed

Refused to acknowledge or accept something, especially legal claims or responsibility.

Warranty Liability

The legal obligation of a seller or manufacturer to repair, replace, or compensate for a defective product within a specified time period.

Negotiation

A process of discussion aimed at reaching an agreement between two or more parties.