Which of the Following Is NOT a Current Asset

question 135

Multiple Choice

Which of the following is NOT a current asset?

• A) Equipment
• B) Prepaid insurance
• C) Cash
• D) Accounts receivable

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Definitions:

Slow

Refers to a reduced speed or rate of progress.

Open-book Management

A management approach where companies share financial and operational information with all employees to involve them in decision making.

Empower Employees

The process of giving staff members the authority, tools, and information they need to make decisions and contribute to the company's success.

Financial Reports

Official records that detail a company's financial performance over a specified period, including income statements, balance sheets, and cash flow statements.