Which of the Following Is NOT an Example of a Real

question 57

Multiple Choice

Which of the following is NOT an example of a real asset?

• A)land
• B)brand name
• C)building
• D)raw material

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Definitions:

Net Profit

The amount of money that remains from revenues after all the operating expenses, taxes, and costs have been subtracted.

Discounts

Reductions applied to the regular price of goods or services, often to stimulate sales or clear out inventory.

Value Analyses

The process of examining the function of goods or services to reduce costs without affecting quality, thereby increasing customer value.

Tablet

A slim, flat electronic device equipped with a touchscreen interface, designed for portable personal use with functionalities ranging from web browsing to multimedia consumption.