Which of the Following Is Not Classified Properly as a Current

question 50

Multiple Choice

Which of the following is not classified properly as a current asset?

• A)Supplies
• B)Short-term debt investments
• C)A fund to be used to purchase a building within the next year
• D)A receivable from the sale of an asset to be collected in two years

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Definitions:

Periosteum

A dense layer of vascular connective tissue enveloping bones except at the surface of the joints.

Collagen Fibers

Strong, fibrous proteins that make up connective tissues, providing support and strength.

Carpal Bone

One of the eight small bones that make up the wrist (carpus) that connects the hand to the forearm, allowing for the wrist's complex range of movement.

Epiphysis

Portion of a bone developed from a secondary ossification center and separated from the remainder of the bone by the epiphyseal plate.