Assets are economic resources with the potential to provide future economic benefits to a firm.

Name: Assets are economic resources with the potential to provide future economic benefits to a firm.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Assets are defined as economic resources that can generate future economic benefits, such as revenue or cost savings, for a firm. Examples of assets include cash, inventory, property, plant, and equipment, and intangible assets like patents or trademarks.

Assets Are Economic Resources with the Potential to Provide Future