Which of the Following Is $\bold{not}$ An Example of an Asset?
A)Notes Receivable

question 11

Multiple Choice

Which of the following is $\bold{not}$ an example of an asset?

• A)Notes receivable.
• B)Supplies.
• C)Prepaid Insurance.
• D)Deferred revenues.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation, making them partial owners and entitling them to a portion of the company's profits.

Corporate Bond

A type of debt security issued by a corporation to raise capital, promising to pay back the face value, along with interest, to the bondholders.

Primary Market

The market in which financial institutions aid in the sale of new securities.

New Issues

Refers to securities that are being offered to the public for the first time, such as through an initial public offering (IPO).