Which of the Following Items Is NOT Normally Considered to Be

question 60

Multiple Choice

Which of the following items is NOT normally considered to be a current asset?

• A)Accounts receivable.
• B)Inventory.
• C)Bonds.
• D)Cash.
• E)Short-term, highly-liquid, marketable securities.

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Definitions:

Excitability

The ability of a cell or organism to respond to environmental stimuli by changing its bioelectric state.

Elasticity

The capacity of a material or body to return to its original shape after being stretched or compressed.

Smooth Muscles

Involuntary, non-striated muscles found in the walls of internal organs and blood vessels, controlling their movements.

Voluntary Muscles

Muscles that can be consciously controlled by the individual, such as skeletal muscles that move parts of the body.