What Are the Three Types of Assets That Will Typically

question 71

Multiple Choice

What are the three types of assets that will typically be found on a balance sheet?

• A) Local, national, and international
• B) Positive, negative, and neutral
• C) Land, buildings, and equipment
• D) Current, fixed, and intangible
• E) Short term, long term, and medium term

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Definitions:

Peripheral Nervous System

The peripheral nervous system is the part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, which connect the central nervous system to limbs and organs.

Afferent Nerves

Nerves that carry sensory information from the sensory receptors towards the central nervous system.

Efferent Nerves

Nerves that carry signals away from the central nervous system to effectors such as muscles or glands, facilitating action and response.

Motor Nerves

Nerves that carry impulses away from the central nervous system to muscles, stimulating them to contract and produce movement.