Which of the Following Is Classified as a Current Asset

question 176

Multiple Choice

Which of the following is classified as a current asset?

• A) Office supplies.
• B) Patent.
• C) Office equipment.
• D) Land.
• E) Unearned revenue.

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Definitions:

Seligman

An American psychologist best known for his work on learned helplessness, positive psychology, and well-being.

Conditioned Stimulus

A previously neutral stimulus that, after association with an unconditioned stimulus, elicits a conditioned response.

Classical Conditioning

A training mechanism in which two stimuli are frequently paired together; over time, the response that was originally caused by the second stimulus is elicited by the first stimulus.

Unconditioned Response

A reflexive, instinctual reaction to an unconditioned stimulus, not learned through previous experience.