Resources that a business uses to operate the business are called
A) assets.
B) equity.
C) revenues.
D) liabilities.

Name: Resources that a business uses to operate the business are called A) assets. B) equity. C) revenues. D) liabilities.
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Question

Quizplus · Accepted Answer

Assets are the resources that a business uses to operate, such as property, equipment, inventory, and cash. Equity represents the ownership in the business, revenues are income earned from the business operations, and liabilities are debts owed by the business.

Resources That a Business Uses to Operate the Business Are