Of the Following, Which Is True About Assets

question 174

Multiple Choice

Of the following, which is true about assets?

• A) Assets include both physical and intangible items.
• B) Assets include only physical items.
• C) Assets are the personal property of the stockholders of the company.
• D) Assets are not increased as a result of selling products or services to customers.

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Definitions:

Verb Tenses

Refers to the form of a verb that indicates the time at which an action or event takes place.

Long Paragraphs

Extended blocks of text consisting of multiple sentences that develop a single idea or topic, often used for detailed explanations or descriptions.

Repetition

The act of repeating something that has already been said or written.

Correct Sentence

A sentence that is grammatically accurate, properly punctuated, and conveys a clear meaning.