Which of the following are Noncurrent assets?
A)machinery and equipment
B)accounts receivable
C)inventories
D)unearned revenues

Question

Quizplus · Accepted Answer

Machinery and equipment are typically considered noncurrent assets as they are used to generate revenue over several years and are not intended for immediate sale or conversion into cash. 
Answer: D
 Unearned revenues are also considered a noncurrent asset as they represent an obligation to provide goods or services in the future and are not expected to be realized as revenue within the next accounting period. Accounts receivable and inventories are typically considered current assets as they are expected to be converted into cash or used up within a year or less.

Which of the Following Are Noncurrent Assets