Identify Whether Each of the Following Items Is a Financial

question 40

Essay

Identify whether each of the following items is a financial asset:
$$\begin{array} { | l | l | } \hline & \text { Financial asset? (Yes/No) } \\\hline \text { US dollars in petty cash } & \\\hline \text { Investment in 5-year bonds } & \\\hline \text { Investment in an option (derivative) } & \\\hline \text { Account receivable due in 30 days } & \\\hline \text { Investment in machinery } & \\\hline\end{array}$$

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Definitions:

Significant Others

People whose views and attitudes are very important and worthy of consideration. The reflected views of a significant other have great influence on the individual’s self-concept and self-regulation.

Social Psychology

The scientific study of how people's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Rewards

Benefits or positive outcomes that are given in response to an individual's actions or behaviors, often used as a form of encouragement or motivation.

Positions

The roles or rankings that individuals occupy within a social or organizational structure.