Which of the Following Is Not an Example of an Asset

question 18

Multiple Choice

Which of the following is not an example of an asset related to initial working-capital investments?

• A)Inventories.
• B)Current asset.
• C)Current liability.
• D)Accounts receivable.
• E)Minus current liability.

---

Definitions:

Atoms

The basic units of matter, consisting of a nucleus surrounded by electrons.

Nitrogen

A colorless, odorless, nonmetallic element that makes up about 78% of the Earth's atmosphere and is a constituent of all living tissues.

Calcium Chloride

A salt compound often used for ice melting, dust control, and as a desiccant because of its ability to absorb moisture.

Formula

A representation of the composition of molecules and compounds using symbols for the elements.