Which of the Following Are Considered to Be an Asset

question 22

Multiple Choice

Which of the following are considered to be an asset:

• A) Deposit on a futures contract
• B) Asset under finance lease
• C) Deferred acquisition costs
• D) All of the given answers.
• E) Deposit on a futures contract and asset under finance lease.

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Definitions:

Austro-Hungarian Throne

The imperial and royal throne of the Austro-Hungarian Empire, which was a dual monarchy in Central Europe from 1867 to 1918.

Shandong

A coastal province of China known for its significant historical, cultural, and geographical features, including being the birthplace of Confucius.

German War Plan

Strategic military initiatives and operations developed by Germany, particularly noted during World Wars I and II.

Sussex

A county in South East England, known for its historic significance and geographical features.