Which of the Following Best Describes Assets

question 34

Multiple Choice

Which of the following best describes assets?

• A)They are equal to liabilities minus stockholders' equity.
• B)They are considered to be the economic resources of the business.
• C)They are all reported on the balance sheet at their current market value.
• D)They equal financing provided by creditors.

Explore the nature and impact of hidden employment barriers.

Understand the impact of valuable, rare, and difficult to imitate resources on the efficiency and effectiveness of an organization.

Recognize the components and challenges of a firm's competitive environment.

Identify the strategic importance of core employees and strategic knowledge workers to an organization.