Anything Owned by a Firm That Has Value Is Called

question 126

Multiple Choice

Anything owned by a firm that has value is called

• A) an equity
• B) a liability
• C) a revenue
• D) an asset
• E) goodwill

---

Definitions:

Proletariat

The class of wage-earners in a capitalist society who, having no capital, sell their labor to live.

Bourgeoisie

The class that, in Marxist contexts, owns the means of production in a capitalist society, often opposed to the proletariat class.

Sociology

The study of human society, social behavior, patterns of social relationships, social interaction, and culture that surrounds everyday life.

Objective Reality

A concept referring to the existence of objects, facts, or phenomena independent of human perception and beliefs.