Real Assets Are ________

question 12

Multiple Choice

Real assets are ________.

• A)assets used to produce goods and services
• B)always the same as financial assets
• C)always equal to liabilities
• D)claims on company's income

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Definitions:

Contracts

Legal agreements between two or more parties that are enforceable by law.

Performance-based Contracts

Agreements where the compensation or continuation is contingent upon meeting predefined performance criteria or outcomes.

Nonprofit

An organization dedicated to furthering a particular social cause or advocating for a shared point of view, without the aim of generating profit for its owners or organizers.

Power

The ability or capacity to direct or influence the behavior of others or the course of events.