Which of the Following Current Assets Will Not Generate Cash

question 61

Multiple Choice

Which of the following current assets will not generate cash in the future?

• A)Prepayments
• B)Accounts receivable
• C)Inventory
• D)Marketable securities
• E)Notes receivable

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Definitions:

Assumed Name

An assumed name, also known as a trade name or "doing business as" (DBA), is a name a business uses that is different from its legal, registered name.

Device

A piece of equipment designed for a particular purpose, often electronic in nature.

Demand Instrument

A financial document that requires the payment of money immediately or on demand.

Time Of Payment

The specific period or date by which payment for goods or services received must be made.