Which Item Below Is Not a Current Asset

question 33

Multiple Choice

Which item below is not a current asset?

• A) Prepaid expense.
• B) Unearned revenue.
• C) Short-term investment.
• D) Work-in-process inventory.

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Definitions:

Computer Program

A set of instructions written in a programming language that is executed by a computer to perform specific tasks.

Computer Hardware

The physical components of a computer system, such as the motherboard, CPU, RAM, and storage devices.

Document Window

The area in a software application where the current document or file is displayed and interacted with.

Print Layout

A viewing mode in word processors that shows how the document will appear when printed.