ACC 290 FINAL EXAM GRADED A 2022
ACC 290 FINAL EXAM GRADED A
Question 1
The best definition of assets is the
a. resources belonging to a company that have future benefit to the company.
b. collections of resources belonging to the company and the claims on these
resources.
c cash owned by the company.
. d owners’ investment in the
business.
.
Answer
:
Question 2
Which of the following is not a liability?
.
a Accounts Receivable
b. Accounts Payable
c Interest Payable