Which of the Following Items Is Not Classified as a Current

question 109

Multiple Choice

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

• A)Office equipment.
• B)Merchandise inventory.
• C)Office supplies.
• D)Prepaid rent.

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Definitions:

Drag

A force acting opposite to the relative motion of any object moving with respect to a surrounding fluid; it also describes the resistance an object encounters while moving through a fluid (like air or water).

Cope

In construction and metalworking, to shape the end of a beam or metal profile so that it fits the contours of another for a joining process.

Cheeks

Parts of an object or tool flanking other components, typically used in the context of machinery or the human face.

Rounded Corners

Corners that are shaped into a smooth, rounded angle to improve appearance, handling, or safety.