Which of the following is an equity asset?
A) A stock
B) A dividend
C) An intermediary
D) A cash deposit

Question

Quizplus · Accepted Answer

A stock represents ownership in a company and is classified as an equity asset. Dividend is the distribution of profits made by the company to its shareholders and is not an asset. An intermediary is a go-between or mediator, usually referring to a financial intermediary such as a broker or investment bank, and is not an asset. Cash deposit is a form of cash, which is a current asset.

Which of the Following Is an Equity Asset