Which of the Following Is a Non-Current Asset

question 2

Multiple Choice

Which of the following is a non-current asset?

• A) One that is not up to date
• B) One that is held for the long term to support the operations of the enterprise
• C) One that is expected to be turned into cash in the next twelve months
• D) One that is part of the operating cycle
• E) One that is held primarily for the purpose of being traded

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Definitions:

Corporate Boards

Groups of individuals elected by shareholders to oversee the management and make strategic decisions for a corporation.

Government Intervention

A scenario where the government steps into influence, regulate, or directly control economic, social, or other aspects of daily life, often to correct market failures or promote social welfare.

Organizational Performance

Refers to how well an organization achieves its market objectives and goals.

Patience

The capacity to accept or tolerate delay, problems, or suffering without becoming annoyed or anxious.