Which One of the Following Is an Asset

question 52

Multiple Choice

Which one of the following is an asset?

• A)A patent of a company's secret formula for reverse osmosis.
• B)Retained earnings.
• C)Notes payable.
• D)Accounts payable.

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Definitions:

Repatriate

A person who returns to their country of origin or citizenship after living abroad. In a corporate context, it can refer to employees returning home after an international assignment.

Communication

The exchange of information, thoughts, or messages between individuals or groups, using various methods such as speech, writing, or signals.

Expatriate

An individual who is temporarily or permanently residing in a country other than their native country, often for work reasons.

Overseas Service

Employment or deployment that occurs outside of an individual's home country, often implying work in foreign branches of multinational corporations or government posts.