Resources That a Firm Owns Are Called

question 15

Multiple Choice

Resources that a firm owns are called

• A) revenue.
• B) liabilities.
• C) owners' equity.
• D) assets.
• E) expenses.

---

Definitions:

Organic Product

The compound formed as the result of an organic chemical reaction.

Reaction

A process in which one or more substances, the reactants, are converted to one or more different substances, the products.

Hydroboration-Oxidation

A two-step chemical reaction that converts alkenes into neutral alcohols via the addition of borane followed by oxidation.

Alkenes

Unsaturated hydrocarbons containing at least one carbon-carbon double bond, with the general formula CnH2n.