Question 1
Which of the following is an example of a company's asset?
◦ Inventory in the warehouse
◦ Mortgage loans
◦ Bonds issued by the company
◦ Short-term loans
◦ Debt security raised by the company
Question 2
Which of the following is an example of a current asset?
◦ Accounts receivable
◦ Goodwill
◦ Land
◦ Equipment
◦ Intellectual property