Which of the following is not a type of operating asset?
A)Inventory
B)Cash
C)Land
D)Long-term investments
E)Equipment

Question

Quizplus · Accepted Answer

Long-term investments are not considered operating assets because they are not used in the day-to-day operations of a business. Operating assets are those assets used to generate revenue, such as inventory, cash (for transactions), land (for operations), and equipment.

Which of the Following Is Not a Type of Operating