Operating assets include cash, accounts receivable, and inventory but not any depreciable fixed assets.

Name: Operating assets include cash, accounts receivable, and inventory but not any depreciable fixed assets.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

Operating assets include cash, accounts receivable, inventory, AND any depreciable fixed assets that are necessary for the operation of the business. So, the statement that operating assets exclude depreciable fixed assets is false.

Operating Assets Include Cash, Accounts Receivable, and Inventory but Not