Which of the Following Items Would Not Be Classified as an Asset

question 44

Multiple Choice

Which of the following items would not be classified as an asset in a defined benefit fund?

• A) government securities
• B) fixed interest securities
• C) amounts contributed by members
• D) fixtures and fitting

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Definitions:

Expected to Grow

This term refers to the anticipation of an increase in size, value, or quantity of an economic entity or variable.

Dividends Are Expected

A statement indicating that shareholders anticipate receiving a share of the profits from a company, usually distributed in the form of cash payments.

Investors Require

The expected return or conditions that investors seek before committing capital to an investment or project.

Current Price

Current Price is the market price at which an asset or service can be bought or sold at a particular time.