Accounts Receivable and Inventory Are Considered Short-Term Financial Assets

question 50

True/False

Accounts receivable and inventory are considered short-term financial assets.

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Definitions:

Water Vascular System

Unique hydraulic system of echinoderms; functions in locomotion and feeding.

Echinoderms

A phylum of marine animals including starfish, sea urchins, and sea cucumbers, characterized by radial symmetry and a water vascular system.

Digestive System

A collection of organs that breaks down food into nutrients, which the body uses for energy, growth, and cell repair.

Subphylum Urochordata

A subphylum of chordates that includes marine animals known as tunicates or sea squirts, having a notochord only during their larval stage.