Which of the following is NOT an asset?
A) Marketable securities
B) Accounts receivable
C) Provisions for employee entitlements
D) Inventory

Name: Which of the following is NOT an asset? A) Marketable securities B) Accounts receivable C) Provisions for employee entitlements D) Inventory
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Provisions for employee entitlements are liabilities, not assets. They represent an obligation the company owes to its employees and thus represent a reduction in the company's net worth.

Which of the Following Is NOT an Asset