Identify Whether Each of the Following Items Is a Financial

question 6

Essay

Identify whether each of the following items is a financial asset:

---

Definitions:

Subtractive Colour Mixing

A process of mixing colors by removing wavelengths of light, resulting in a color that is a mixture of the two or more source colors, typical in pigment mixing.

Finger Painting

An art form that involves using fingers to spread paint over a surface to create drawings or designs.

Additive Colour Mixing

A process of mixing colored lights in which the wavelength of the combined colors is the sum of the individual lights, resulting in white when combining all primary colors.

Primary Colours

The set of colors which can be combined to create a broad spectrum of colors, traditionally red, yellow, and blue in pigment, or red, green, and blue in light.