Inventory, Accounts Receivable, and Machinery Used in a Business Are

question 113

True/False

Inventory, accounts receivable, and machinery used in a business are examples of capital assets.

---

Definitions:

Medium

A means or instrumentality for storing or communicating information.

Communication Channel

A medium through which information is transmitted from one entity to another, such as spoken language, writing, or electronic media.

Specific Purpose

A clear, concise statement that outlines the particular objective or goal of a speech, presentation, or document.

Knowledge Management System

A technology-enabled system designed to capture, manage, and distribute knowledge within an organization to enhance performance.