Which of the Following Is NOT an Asset

question 111

Multiple Choice

Which of the following is NOT an asset?

• A)Net income
• B)Inventory
• C)Buildings
• D)Cash

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Definitions:

Horizontal Structure

A form of organizational structure where control and decision-making are spread horizontally across levels, emphasizing collaboration and teamwork.

Divisional Structure

An organizational structure where operations are grouped based on divisions or business units, with each division typically focusing on a particular product line or geographical market.

Functional Structure

An organizational configuration that divides the company based on specialization, where each organizational unit performs a specific function.

Process Structure

Refers to the arrangement and organization of various components within a process, including tasks, resources, and workflows, aimed at achieving efficient operations and outcomes.