Which of the Following Is Not an Essential Characteristic for an Asset

question 23

Multiple Choice

Which of the following is not an essential characteristic for an asset?

• A)future economic benefits are expected to flow to the entity from the resource.
• B)the resource must be controlled by the entity
• C)the resource must be as a result of a past event
• D)the resource must be owned by the entity

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Definitions:

Background Colors

The colors used behind the main content on a webpage, document, or presentation, which can affect readability and aesthetics.

Multimedia Presentations

Presentations that use multiple forms of media, such as text, audio, images, animations, or video, to convey information.

Frequent Bulleted Lists

The regular use of bullet points to organize information, making it easier to read and scan by breaking down complex data into bite-sized pieces.

Zoom Presentation

A presentation delivered via Zoom, a popular video conferencing tool, allowing participants to share slides and visuals remotely.