Which of the Following Is Not a Type of Short-Term

question 20

Multiple Choice

Which of the following is not a type of short-term asset held by businesses?

• A)Inventory.
• B)Plant,property and equipment.
• C)Liquid assets.
• D)Accounts receivable.

Apply the concept of trade discounts to calculate future or past values.

Understand and interpret trade terms such as 3/10, n/30.

Understand the concept of discount periods and calculate the end date.

Calculate the amount credited to an account after partial payments and discounts.

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Definitions:

Analytical Skills

are the abilities to collect, process, and analyze information to make more informed decisions and solve problems effectively.

Lifelong Learning

Continuous learning from daily experiences and opportunities.

Self-Fulfilment

The realization or fulfillment of one's talents and potentialities, often considered as a drive or need present in everyone.

John Kotter

A professor and thought leader in the fields of business, leadership, and change management, known for his 8-step process for leading change.