Which of the Following Accounts Is an Asset

question 143

Multiple Choice

Which of the following accounts is an asset?

• A) Cash
• B) Notes payable
• C) Drawing
• D) Expenses

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Definitions:

Fluctuating Levels

Variations in the intensity or quantity of something over a period of time, often applied to mood, hormones, or natural phenomena.

Orientation

The process of learning or adapting to a new environment, situation, or set of rules.

Perceptual Alterations

Changes in the way an individual perceives reality, which may involve hallucinations or altered sensory experiences.

Moderate Alzheimer

A stage of Alzheimer’s disease characterized by increasing memory loss, confusion, difficulty in recognizing close relatives, and significant changes in behavior and judgment.