Which of the Following Is NOT a Current Asset

question 75

Multiple Choice

Which of the following is NOT a current asset?

• A) Accounts payable
• B) Cash
• C) Accounts receivable
• D) Inventory

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Definitions:

Henri Fayol

A French industrialist and a pioneering management theorist who developed a general theory of business administration.

Hierarchy of Authority

A system in which different positions are ranked relative to each other within an organization, with higher levels having more power and responsibility.

Douglas McGregor

An American social psychologist who proposed the Theory X and Theory Y concepts in management, relating to two different views of how managers perceive workers' motivations.

Decision-making

The cognitive process of selecting a course of action from among multiple alternatives.