Assets can be something that is owned and in possession of the company, and other assets can be items that are due to be received.

Name: Assets can be something that is owned and in possession of the company, and other assets can be items that are due to be received.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Assets include both items currently owned and in possession of the company, such as equipment and inventory, and items that are due to be received, such as accounts receivable.

Assets Can Be Something That Is Owned and in Possession