Which of the Following Is Not Considered an Asset

question 28

Multiple Choice

Which of the following is not considered an asset?

• A)Patents
• B)Common stock
• C)Accounts receivable
• D)Supplies

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Definitions:

Middle Management

The level of management in an organization positioned between the senior executives and the operational levels, responsible for implementing policies and plans.

Chain of Authority

A hierarchical structure in an organization that defines the reporting lines and who reports to whom.

Temporary Setbacks

Short-term difficulties or obstacles that delay or impede progress but can be overcome with effort and resilience.

Barriers to Success

Various obstacles that prevent or hinder one's ability to achieve success or reach goals.