Which of the Following Accounts Is Not Included in the Asset

question 46

Multiple Choice

Which of the following accounts is not included in the asset section of the balance sheet?

• A) Wages expense.
• B) Land.
• C) Buildings.
• D) Furniture.
• E) Supplies.

---

Definitions:

Attitude-Improving Feedback

Feedback given with the intent to positively influence or change someone's attitude or perception towards a particular subject or activity.

External Locus

A belief that one's life events are largely influenced by external forces or the environment rather than by one's own efforts or attributes.

Attitude-Improving Feedback

Constructive criticism or suggestions provided with the intention of positively influencing someone's mindset or behavior.

Self-Absorbed

Preoccupied with one's own feelings, interests, or situations to the extent of overlooking the needs and concerns of others.