menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting Study Set 1
  4. Exam
    Exam 1: Introduction to Financial Accounting
  5. Question
    Which of the Following May Be an Asset of a Business
Solved

Which of the Following May Be an Asset of a Business

Question 39

Question 39

Multiple Choice

Which of the following may be an asset of a business enterprise?


A) Retained profits
B) Inventory
C) Provision for warranty repairs
D) Shareholders' equity

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q34: Financial statements provide useful information for shareholders

Q35: Which of the following may be a

Q36: Use the information given below to answer

Q37: Use the information given below to answer

Q38: LPR is a company that commenced business

Q40: During 2016,a company makes credit sales of

Q41: During 2015 a company makes cash sales

Q42: A balance sheet:<br>A) lists the assets and

Q43: A user's main demand is for credible

Q44: Which of the following organisations may use

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines