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Quiz File Business Management One example of a current asset is (a) ________.

One example of a current asset is (a) ________.

Business Management

One example of a current asset is (a) ________.

Answer: inventory held for sale

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Trending Questions

The decline in value of an asset over its useful life associated with use, age and obsolescence is known as

The decline in value of an asset over its useful life associated with use, age and obsolescence is known as Answer: depreciation.
What is the effect of a nonsense mutation in a gene?

What is the effect of a nonsense mutation in a gene? A) It changes an amino acid in the encoded protein. B) It has no effect on th...
Accounting methods that accurately reflect income and expenses are satisfactory for income tax reporting purposes. The ___________of accounting is most widely used by farmers.

Accounting methods that accurately reflect income and expenses are satisfactory for income tax reporting purposes. The ___________of account...
______ is a means of shifting risk of uncertain events, at a cost, from you to someone else specializing in taking risks.

______ is a means of shifting risk of uncertain events, at a cost, from you to someone else specializing in taking risks. Answer: Insurance
The principle components of an agricultural commodity option include

The principle components of an agricultural commodity option include Answer: premium price, underlying futures price, strike price, short-te...
If a manager takes a lot of time explaining to a subordinate why he did not get a promotion and sincerely listens to his concerns, this is an example of an attempt to act ethically according to _________ justice.

If a manager takes a lot of time explaining to a subordinate why he did not get a promotion and sincerely listens to his concerns, this is...
When a loan is secured, it means that

When a loan is secured, it means that Answer: the borrower has put up property worth as much or more than the principle of the loan.
A company buys cloth in one country, has designs made in another country, has the garments sewn in another country, and sells the finished product in yet other countries. Th is firm is actively engaging in the practice of _________.

A company buys cloth in one country, has designs made in another country, has the garments sewn in another country, and sells the finished...
Other things being equal, a decrease in the amount of an agricultural commodity offered for sale will result in

Other things being equal, a decrease in the amount of an agricultural commodity offered for sale will result in Answer: a higher price.
When figuring the Net Worth of a business the correct formula to use is _______________.

When figuring the Net Worth of a business the correct formula to use is _______________. Answer: Net Worth = Assets - Liabilities

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Quiz File

One example of a current asset is (a) ________.

One example of a current asset is (a) ________.

Learn More :

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