Which of the following is not considered to be an asset?
A)equipment
B)dividends
C)accounts receivable
D)inventory

Name: Which of the following is not considered to be an asset? A)equipment B)dividends C)accounts receivable D)inventory
Brand: Quizplus
Rating: 4.8 (37 reviews)

Question

Quizplus · Accepted Answer

Dividends are not considered to be an asset because they are a distribution of earnings to shareholders and not a tangible or intangible item that holds value. The other options listed (equipment, accounts receivable, and inventory) are all considered to be assets.

Which of the Following Is Not Considered to Be an Asset