Which of the Following Is Classified as a Current Asset

question 134

Multiple Choice

Which of the following is classified as a current asset?

• A)Office equipment.
• B)Patent.
• C)Unearned revenue.
• D)Office supplies.
• E)Land.

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Definitions:

Oswald The Rabbit

An early animated cartoon character created by Walt Disney and Ub Iwerks, predating Mickey Mouse and known for its significance in animation history.

Greek Myth

A collection of stories belonging to the ancient Greeks concerning their gods and heroes, the nature of the world, and the origins and significance of their religious practices.

Daedalus

a skilled craftsman and artist in Greek mythology, known for creating the Labyrinth and the wings for his son Icarus.

Icarus

In Greek mythology, a young man who attempted to escape Crete by wings made of feathers and wax, but flew too close to the sun, causing his demise.