Which of the Following Items Is a Non-Monetary Item

question 15

Multiple Choice

Which of the following items is a non-monetary item?

• A)Cash
• B)Accounts receivable
• C)Inventory
• D)Accounts payable

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Definitions:

United States

A federal republic consisting of 50 states, a federal district, five major self-governing territories, and various possessions, known for its significant influence in global politics, economy, and culture.

TNC

Transnational Corporation; a large company that operates in multiple countries across the globe.

Economic Gains

Increases in wealth, financial health, or resources, often measured in terms of income, profits, or value.

National Boundaries

Geographically defined borders that separate the territory of one nation-state from another.