Things of Value Owned by a Firm Are Called Its

question 88

Multiple Choice

Things of value owned by a firm are called its:

• A)intangibles
• B)owners' equity
• C)tangibles
• D)assets
• E)liabilities

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Definitions:

Lascaux

A complex of caves in southwestern France famous for its Paleolithic cave paintings estimated to be up to 20,000 years old, showcasing early human art.

Bucranium

Latin, “bovine skull.” A common motif in classical architectural ornament.

Woolly Rhinoceros

An extinct species of rhinoceros that was covered with long hair, lived during the Ice Age, and is often depicted in prehistoric art.

Lascaux

A complex of caves in southwestern France famous for its Paleolithic cave paintings, featuring detailed representations of animals, humans, and abstract signs, dating back around 17,000 years.