Which of the Following Accounts Is Not Considered an Asset

question 148

Multiple Choice

Which of the following accounts is not considered an asset?

• A) Cash
• B) Inventory
• C) Common stock
• D) Trademark

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Definitions:

Startups

Newly established businesses, typically in the early stages of operation, often aimed at addressing a novel or untapped market need.

Founders

Individuals who establish a new venture or organization, contributing to its strategy, vision, and initial operation.

CEO

Stands for Chief Executive Officer, the highest-ranking individual in a company or organization, responsible for making major corporate decisions.

Green Cleaning Products

Products designed to clean effectively while minimizing environmental and health impacts, often made with natural ingredients.