An Asset Is the Amount of Money Originally Invested in a Business by a Business

question 92

Short Answer

An asset is
the amount of money originally invested in a business by its owners.
the amount of money that owners would receive if they sold all of a firm's assets and paid all of its liabilities.
the profits earned by and reinvested in the company.
any economic resource expected to benefit a firm or an individual who owns it.
a debt owed by a firm to an outside organization or individual.

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Definitions:

Encoding

The process of converting information into a particular form, often for communication, storage, or processing, such as encoding a message into language or digital encoding.

Modern Technology

refers to the latest and most advanced technological tools, devices, and systems available for personal, business, or educational use.

Communication

The process of exchanging information, ideas, thoughts, and feelings through verbal or non-verbal means.

More Expensive

The characteristic of costing a higher price or requiring more resources or investment compared to alternatives.