The FASB's Conceptual Framework Defines A(n) _____ as Inflows or Other

Multiple Choice

The FASB's conceptual framework defines a(n) _____ as inflows or other enhancements of assets of an entity or settlements of its liabilities from delivering or producing goods, rendering services, or other activities that constitute the entity's ongoing major or central operations.

A) assets
B) liabilities
C) equities
D) revenues
E) expenses