Which of the Following Is Not an Asset You Might

question 62

Multiple Choice

Which of the following is not an asset you might find on a personal balance sheet?

• A) Liquid assets
• B) Inventory
• C) Household assets
• D) Personal investments

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Definitions:

Quantitative Terms

Conditions or parameters that can be measured and quantified, often used in contracts and agreements.

Profit Maximisation

An objective of management to achieve the highest possible profit from operations, usually by increasing revenue and/or reducing costs.

Employee Morale

The overall outlook, attitude, satisfaction, and confidence that employees feel at work, which can significantly impact productivity and retention.

Constraints

Limitations or restrictions that affect the planning, process, or outcome of an activity or system.