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:

Globalization

Globalization is the process of increased interconnectedness and interdependence among countries worldwide, characterized by the exchange of goods, services, information, and culture across international borders.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, contributing to a range of experiences, values, and worldviews.

Culture Advantageous

The benefits or favorable positions enjoyed by individuals or groups due to their cultural practices, knowledge, or affiliation.

Amish Communities

Traditionalist Christian church fellowships with Swiss German Anabaptist origins, known for simple living, plain dress, and reluctance to adopt many conveniences of modern technology.