Which of These Assets, Which Could Be Listed on a Statement

question 67

Multiple Choice

Which of these assets, which could be listed on a statement of financial position, is likely not to translate into future economic benefits?

• A)Large inventories of spare parts.
• B)Accounts receivable that have been outstanding for several months.
• C)Inventory that has been on the shelves for over a year.
• D)All of the above.

---

Definitions:

Social Anxiety Disorder

A mental health condition characterized by an intense fear of being judged or negatively evaluated by others in social situations.

Embarrassing Situations

Scenarios or events that cause a person to feel awkward, self-conscious, or ashamed, often in social contexts.

Agoraphobia

An anxiety disorder characterized by intense fear and avoidance of open or public places where escape might be difficult or help may not be available, often leading to limitations in daily activities.

Agoraphobia

A type of anxiety disorder characterized by an intense fear of being in situations where escape might be difficult or help wouldn't be available if things go wrong.