What Is a "Current Asset

question 110

Multiple Choice

What is a "current asset"?

• A)An asset expected to be consumed in the ordinary operating cycle of the business.
• B)An asset not expected to be consumed in the ordinary operating cycle of the business.
• C)An asset expected to be used for investment purposes.
• D)An asset, such as cash, that is restricted from being used for at least 12 months.

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Definitions:

Machiavellian Tendencies

Machiavellian tendencies describe a person's inclination to be cunning, strategic, and unscrupulous in manipulating others for personal gain, drawing from the philosophy of Machiavelli.

Emotional Insecurity

Refers to a state of feeling uncertain or anxious about oneself, often affecting one's sense of confidence and ability to engage with others.

Law Of Reciprocity

A social principle stating that if someone does something for you, you feel a compulsion to return the favor.

Organizational Politics

The activities aimed at improving someone's status or position within an organization and involve tactics like networking and alliance formation.