Which of the Following Items Is NOT Normally Considered to Be

question 60

Multiple Choice

Which of the following items is NOT normally considered to be a current asset?

• A)Accounts receivable.
• B)Inventory.
• C)Bonds.
• D)Cash.
• E)Short-term, highly-liquid, marketable securities.

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Definitions:

False Statements

Deliberate untruths or lies that are made or presented as truth.

Spying

The act of secretly gathering confidential or not readily available information about individuals or organizations for personal, commercial, or governmental purposes.

Disloyalty Suspected

A phrase indicating that an individual or group is under suspicion of not being faithful or loyal, particularly in a political or national security context.

Placed in Prison

The act of confining an individual within a penal institution as a form of punishment for committing a crime or awaiting trial.