Which Statement Is True Concerning Operating Assets

question 91

Multiple Choice

Which statement is true concerning operating assets?

• A)Operating assets have no physical properties.
• B)A company's operating assets are important to its short-term liquidity.
• C)Operating assets are used over two or more periods to generate revenues.
• D)All operating assets are reported on the income statement

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Definitions:

Positive Point

An affirmative or advantageous aspect, characteristic, or feature of something.

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Researchers who study how people use everyday interactions and routines to construct a sense of social order and understand their world.

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Social scientists who study the development, structure, and functioning of human society.

Everyday Life

The routine and ordinary aspects of day-to-day living experienced by individuals across various contexts.