Which of the Following Would Not Appear in the Asset

question 39

Multiple Choice

Which of the following would not appear in the asset section of an insurance company's balance sheet?

• A)loss reserves
• B)bonds
• C)common stock
• D)real estate

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Definitions:

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The form of a mathematical expression or fraction when it has been simplified to its most basic components, with no common factors in the numerator and denominator for fractions.

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The process of combining two or more fractions to find their total, involving finding a common denominator.

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A mathematical expression is in its simplest form when it is reduced to the lowest terms possible.

Simplest Form

An expression simplified to its most basic components, where no further simplification is possible.