Which of the Following Would Not Be Considered an Asset

question 61

Multiple Choice

Which of the following would not be considered an asset?

• A) cash
• B) accounts receivable
• C) equipment
• D) accounts payable

Recognize the impact of proximity and attractiveness on interpersonal relations.

Understand the ethical dimensions and psychological underpinnings of obedience to authority.

Understand the factors that increase the tendency to conform.

Recognize techniques to reduce cognitive dissonance.

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Definitions:

Dividends Received

Payments shareholders receive from a company’s earnings, typically distributed in cash or additional stocks.

Investment Revenue

Investment revenue is income generated from various types of investments, including dividends from stocks, interest on bonds, or income from rental properties.

Equity Method

The equity method is an accounting technique used to record investments in other companies, typically reflecting the owning company's fair share of the investee's net income.

Cash Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.