Resources a company owns or controls that are expected to yield future benefits are:
A)Assets.
B)Revenues.
C)Liabilities.
D)Owner's Equity.
E)Expenses.

Name: Resources a company owns or controls that are expected to yield future benefits are: A)Assets. B)Revenues. C)Liabilities. D)Owner's Equity. E)Expenses.
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Question

Quizplus · Accepted Answer

Resources that are expected to yield future benefits are called assets. Examples of assets include cash, property, plant, and equipment, and investments.

Resources a Company Owns or Controls That Are Expected to Yield