Which Group of Accounts Is Composed of Only Assets

question 167

Multiple Choice

Which group of accounts is composed of only assets?

• A) Cash, Accounts Payable, Buildings
• B) Accounts Receivable, Revenue, Cash
• C) Prepaid Expenses, Buildings, Patents
• D) Unearned Revenues, Prepaid Expenses, Cash

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Definitions:

Family Involvement

The participation and engagement of family members in activities and decisions that affect the well-being and development of the family unit.

Family Demographics

Statistical data relating to the characteristics of families within a population, such as size, structure, and socioeconomic status.

Educators

Individuals such as teachers, professors, and trainers who are responsible for teaching and facilitating learning for students at various levels.

Parental Divorce

The legal dissolution of a marriage by a court or other competent body, which results in the separation of the parents.