Which Are Examples of Current Assets to a Retailer

question 27

Multiple Choice

Which are examples of current assets to a retailer?

• A) cash, inventory on hand, and accounts receivable
• B) buildings, fixtures, and land
• C) accounts receivable, sales tax receipts before required payments, and fixtures
• D) inventory on order, fixtures, and replacement parts in inventory

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Definitions:

Uncontrollably

Acting or occurring without being able to be controlled or restrained, often used to describe emotions or physical responses.

Drive-Reduction Theory

A theory of motivation proposing that the primary motivation of all organisms is to reduce their drives, such as hunger, thirst, or the need for warmth.

Stimulus Motive Theory

The concept that behavior is motivated by a desire to increase stimulation in order to maintain an optimal level of arousal.

Evolutionary Theory

A scientific theory that explains how species change over time through mechanisms like natural selection and genetic variation.