Which of the Following Is True of Assets

question 110

Multiple Choice

Which of the following is true of assets?

• A)Assets include cash,merchandise inventory,and accounts payable.
• B)Assets are something of value the business owns or controls.
• C)Assets do not need to provide future benefit to the business.
• D)Assets can be recorded at the expected cost if acquired at a bargain.

---

Definitions:

Nuclear Families

A family unit consisting of two parents (a mother and a father) and their children, regarded as a traditional family structure.

Protective Factors

Environmental and personal factors that are the source of children’s resilience in the face of hardship.

High Self-esteem

The positive evaluation of oneself and one's abilities, often associated with greater happiness and success in various areas of life.

Secure Attachment

A strong and positive emotional bond between an individual and a caregiver, characterized by trust and a sense of safety.