All of the Following Are Classified as Assets Except

question 231

Multiple Choice

All of the following are classified as assets except:

• A) Prepaid Insurance.
• B) Accounts Receivable.
• C) Supplies.
• D) Accounts Payable.
• E) Cash.

Understand the basis of balance theory in attitude consistency.

Grasp the significance of automatic judgements and implicit measures in attitudes.

Learn about the historical development and definitions of attitudes in social psychology.

Understand the relationship between attitudes and behavior in predicting actions.

---

Definitions:

Donated

Items or assets that are given without any expectation of payment or benefit in return.

Endowment Fund

Financial assets donated to institutions or organizations with the stipulation that the funds are to be invested and the principal remains intact.

Restricted Fund

Denotes funds that are earmarked for a specific purpose by donors or grantors, limiting their use to certain activities or projects.

Investment Income

The money that an individual or entity earns from various investments, such as dividends, interest, or rental income.