An example of an item which is not an element of working capital is
A) accrued interest on notes receivable.
B) goodwill.
C) goods in process.
D) temporary investments.

Question

Quizplus · Accepted Answer

Goodwill is an intangible asset and is not considered a working capital item. Accrued interest on notes receivable, goods in process, and temporary investments are all examples of working capital items.

An Example of an Item Which Is Not an Element