Which of These Does Not Fit the Accounting Definition of an Asset

question 54

Multiple Choice

Which of these does not fit the accounting definition of an asset?

• A) Accounts receivable
• B) Staff skill and experience
• C) Goodwill
• D) Cash at bank

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Definitions:

AHA

American Heart Association, a non-profit organization in the United States that focuses on cardiovascular health education, research, and advocacy.

AMA

May refer to "Against Medical Advice" a situation where a patient chooses to leave a medical facility contrary to a health professional's advice, or "American Medical Association" a leading group of medical experts in the U.S.

Hypertension

A condition characterized by persistently high blood pressure that can lead to cardiovascular disease.

Dizziness

A feeling of unsteadiness or a sensation of spatial disorientation that can lead to a loss of balance.