Which of the Following Capital Assets Would Not Be Considered

question 39

Multiple Choice

Which of the following capital assets would not be considered a general capital asset?

• A) Land at the local municipal park
• B) A highway bridge maintained by a city government
• C) Infrastructure associated with the local water system
• D) Public safety vehicles

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Definitions:

Investment Goals

Objectives or targets set by an individual or institution for their investment activities, often to guide decision-making.

New York Stock Exchange

One of the largest stock exchanges in the world located at Wall Street, New York, where securities are bought and sold.

Tokyo Stock Exchange

A major stock market exchange in Japan, serving as a hub for the trading of stocks, bonds, and other securities.

Financial Assets

Stocks and bonds. More generally a document giving its owner a claim to certain future cash flows. Stocks base that claim on ownership (equity), while bonds base it on debt. Also called a security.