Which of the Following Is Not Classified as a Short-Term

question 115

Multiple Choice

Which of the following is not classified as a short-term financial asset?

• A) Accounts Receivable
• B) Notes Receivable
• C) Inventory
• D) Cash

---

Definitions:

Shares

Equities in a corporation or financial asset, these units grant holders a proportional claim on profits via dividends, should they be distributed.

Rights Offering

An economic arrangement allowing existing stockholders the opportunity to buy more shares ahead of the general public, frequently at a reduced price.