The Best Definition of Assets Is The

question 117

Multiple Choice

The best definition of assets is the:

• A)cash owned by the company.
• B)resources belonging to a company having future benefit to the company.
• C)collection of resources belonging to the company and the claims on these resources.
• D)owner's investment in the business.

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Definitions:

Coolers

Devices or containers used to keep items cool or cold, often used for food and beverages.

Radios

Electronic devices designed for receiving and sometimes transmitting sound broadcasts via electromagnetic waves.

National Defense

The governmental actions, including military actions and strategies, to defend the country against threats to its security.

Consumer Goods

Products sold to consumers for their personal or household use, as opposed to industrial goods which are used to produce other goods.