An Asset Is

question 111

Multiple Choice

An asset is:

• A)Only acquired with cash.
• B)Something the company owns.
• C)Only contributed by stockholders.
• D)A company's obligation to pay.
• E)Is also called contributed capital.

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Definitions:

Lasting Impact

A lasting influence or effect that continues to have significance or consequences over a long period.

Revolting

Describing an intense reaction of disgust or rebellion.

Dissecting Frogs

A common laboratory practice in biology and anatomy studies to explore and understand the internal and external structures of amphibians, especially frogs.

Mechanical Devices

Tools or machines designed and constructed for a specific purpose, often to facilitate human tasks.