Which of the Following Is Not Included in the Calculation

question 149

Multiple Choice

Which of the following is not included in the calculation of current assets?

• A)Accruals
• B)Accounts Receivable
• C)Allowance for Doubtful Accounts
• D)Cash
• E)Inventory

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Definitions:

Tint

A slight or faint shade of color or a small amount of a particular color added to something.

Ounces

A measure of mass in the avoirdupois system, equivalent to 1/16th of a pound or about 28.35 grams.

Square Feet

A unit of area measurement equal to a square measuring one foot on each side.

Oil Painting

A technique of painting with pigments that are bound with a medium of drying oil, often linseed oil, which creates a lustrous texture and depth of color.