Which One of the Following Asset Accounts Is Not a Part

question 172

Multiple Choice

Which one of the following asset accounts is not a part of a firm's working capital?

• A) cash and marketable securities
• B) accounts receivable
• C) inventories
• D) fixed assets

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Definitions:

System Error

An unexpected malfunction or fault that disrupts normal functioning within a computer system or network.

Sales Representative

A professional who sells products or services to customers, aiming to maximize revenue and maintain positive client relationships.

Customer Level Cost

Customer Level Cost refers to expenses directly associated with serving a specific customer, including support, communication, and delivery costs.

E-Commerce

The buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet.