Which of the following is not considered an asset. Computer equipment b.

Which of the following is not considered an asset. Trademarks and internet domain names B. Prepaid Expenses Check Seger Corporation reported the following amounts at the end of the first year Revenues- $1,000,000; total assets $800,000 and total liabilities $350,000. All other options involve creations or communications that are stored in digital formats and are recognized as digital assets. Study with Quizlet and memorize flashcards containing terms like THE PURCHASE OF AN ASSET (LIKE EQUIPMENT) ON AN ACCOUNT WILL, THE FUNDAMENTAL ACCOUNTING EQUATION, AMOUNTS OWED BY A BUSINESS ARE REFERRED TO AS and more. Because inventory has physical substance in the sense that it can be seen and touched, it is not classified as an intangible asset, but rather, a short-term tangible asset. Accounts receivable In recording any business transaction, the types of accounts that are used are liabilities, assets, equity, expenses, and revenue. This statement is, Which of the following is an intangible asset? and more. What is not considered an asset? Assets are the resources owned Feb 24, 2025 · What is considered not an asset? While an asset is something of economic value that's owned or controlled by a person, company, or government, a liability is basically the opposite—something that is owed to another person, company, or government. How assets affect eligibility status also depends on the type Sep 23, 2023 · An asset refers to something that has value and can be owned or controlled to produce economic benefits. , If a purchased item is long-lived but not used in normal operations, the asset is classified and recorded as a(n): fixed asset. truck. cash B. Integrated asset allocation b. D When describing an asset class, we are not looking at a specific security. Dec 20, 2021 · Medicaid Non-Countable Assets Non-countable assets are things that hold value to the applicant that do not count toward the resource limit. (c) A toll bridge that usually takes more than a year to build. Certificates of deposit b. property, plant, equipment, c. All of the following are considered fixed assets EXCEPT building. Intangible assets are referred to as assets that have no physical form. land improvements. postdated checks B. Option E houses Option E - houses are not a type of financial asset. Identify the exception: Accounts Payable is not an asset. Aug 6, 2024 · Jointly owned assets/bank accounts – The total value of jointly owned assets or bank accounts can count toward the applicant’s asset limit. From the following list, what would not be considered an asset?  a. Short-term, highly-liquid, marketable securities, c. Study with Quizlet and memorize flashcards containing terms like QN=61 Which of the following ratios is considered to be the most helpful in assessing short-term liquidity? a. Stocks D Bonds E. Jun 19, 2023 · The asset that is NOT generally considered a capital asset from the provided options is Rosie's personal auto (option D), as it is used for personal purposes and does not help in producing goods or services. Skimming typically involves the theft of cash before it is recorded in the organization's accounting system. Accounts Payable is a liability, not an asset. , Intangible assets may have ______. Half-year conventiond. [1] The balance sheet of a firm records the monetary [2] value of the assets Sep 12, 2021 · While computing income under the head income from capital gains, the most important thing to understand is the definition of a capital asset. Property classc. Stocks, bonds, cash Select all of the following accounts that would be considered assets a) cash b) patient receivables c) mortgage payable d) goodwill e) notes payable. , All of the following fixed assets are Study with Quizlet and memorize flashcards containing terms like Which of the following are considered assets? (Select all that apply. Study with Quizlet and memorize flashcards containing terms like Property, Plant, and Equipment is considered which type of asset?, Which of the following would not be considered an intangible asset?, The legal protection that provides a company exclusive rights to produce and sell a unique product is known as which of the following? and more. Question: 1. This article is focused on assets and what Medicaid considers assets as it evaluates the eligibility of applicants and beneficiaries. Question: Which one of the following would not be considered a liquidity ratio? a)Return on assets b)Current ratio c) Average collection period d) Inventory turnover Dec 31, 2016 · Which of the following is not considered an asset allocation strategy?a. expense. land. Strategic asset allocationc. Capital stock is the only option that is not categorized as an asset account, as it represents the equity or ownership in the company rather than an asset controlled by the company. Real assets can be tangible, like machines and factories that are used Which of the following would not be considered property, plant, and equipment? an asset that will provide services over a number of years an idle building O a tangible piece of equipment O a warehouse used to store inventory available for sale Show transcribed image text To determine which option is not considered a current asset, we need to understand the definition of current assets. These assets have economic value and can provide future benefits. Ordinary assets are typically those held for business operations, while corporate stock is classified as a capital asset. They can be classified into different categories, such as current assets and fixed assets. , depreciable assets) and non-depreciable assets. Inventory. the ability of a company to pay its employees in a timely manner. Include the cash value of any revocable trust available to the family. mutual fund shares held by an individual not in the business of buying and selling mutual funds c. Assets are the controlled resources of a company that are utilized to generate income over its lifespan. Not all assets are counted. undeposited credit cards, Which of the following would NOT be considered a cash equivalent? A. Hot assets refer to certain types of assets that can result in** unfavorable tax consequences** when sold or transferred. 1. C. c. 1) All of the following assets are capital assets, except:, Multiple Choice 8-2 What is a Capital Asset? (LO 8. None of the above (that is, all are asset allocation strategies) ANS: E PTS: 1 10. Examples of liabilities include loans, tax obligations, and accounts payable. It is located in the long-term asset section of the balance sheet under the heading of property, plant, and equipment. Cash held in savings and checking accounts, safe deposit boxes, homes, etc. Study with Quizlet and memorize flashcards containing terms like All of the following are considered fixed assets EXCEPT A. Your home remains a non-countable asset even if you move into a nursing home, so long as your spouse or dependent is living in the home or you have an intent to return. (d) The level of maintenance expenditures that will be required to obtain expected future benefits. Current assets are resources that are expected to be converted into cash or used up within one year. Jul 6, 2025 · What is an Asset? An asset is an expenditure that has utility through multiple future accounting periods. Which of the following is not considered a short-term financial asset? a. Average collection period D. Two years ago, Raul purchased a parcel of raw land 33. Prepaid expenses. Some assets are counted for one program, but not for another program. D) Darren bought a computer to use in his business. Which of the following is not a factor to be considered when determining the useful life of an intangible asset? The fair value of the asset. Return on assets B. Intangible assets include goodwill, brand recognition, and intellectual property like patents, trademarks, and copyrights. Corporate stock in taxpayer's investment portfolio. 1. Study with Quizlet and memorize flashcards containing terms like True or false: The cost of plant assets should include all of the normal and reasonable expenditures necessary to get the asset in place and ready for its intended use, including repairs to damages incurred after installation, The cost at which a company records purchases of machinery and equipment should include which of the Jul 3, 2023 · Having a clear understanding of what assets are not considered a part of the estate is imperative because all estate assets generally need to go through probate. e. Cost of assetb. building. Feb 26, 2024 · Out of the options provided, dividends are not considered an asset. Apr 26, 2023 · The asset that is not considered to be an ordinary asset is B. Question 2 options:Integrated asset allocationStrategic asset allocationTactical asset allocationInsured asset allocationFull replication To estimate the amount of profit and assets of any business correctly, we must know how to differentiate between assets that should be depreciated in the accounting books (i. None of the above (that is, all are asset allocation strategies) In ____ asset allocation, the investor's risk tolerance and constraints are assumed to be constant over time. They typically include assets such as inventory, accounts receivable, and equipment with unrecaptured 1245 gain. Depreciation recapture potential. (b) The expected use of the asset by the organization. 34. Question: Which of the following accounts would not be considered an intangible asset? Patents Research and development costs Trademarks Goodwill Previous Next → MacBook 4 5 8 9 Sep 23, 2023 · Among the options provided, equipment used in a trade or business is not considered a capital asset. A current asset is an item that is expected to be converted into cash or used up within one year. For businesses, a capital asset is an asset with a useful life longer than a year that is not intended for sale in the regular course of the business's operation. grantee. Option a, cash, is the most liquid asset and is immediately available for use in fulfilling short-term obligations and Find step-by-step Accounting solutions and the answer to the textbook question Which one of the following would not be considered a liquidity ratio? A. This will be helpful when completing the annual Question: Which of the following would not be considered an intangible asset?Multiple Choice TrademarksPatentsGoodwillResearch and development costs May 30, 2025 · A financial asset is a non-physical, liquid asset that represents—and derives its value from—a claim of ownership of an entity or contractual rights to future payments. investment. Study with Quizlet and memorize flashcards containing terms like All of the following are considered fixed assets EXCEPT: building. For example, a company pays its electrical bill. Current ratio C. Study with Quizlet and memorize flashcards containing terms like Which of the following is not a tangible asset?, Land is different from other tangible assets in that its utility is not diminished by its use. Tactical asset allocation d. Which of the following ratios would not be classified as an asset management ratio? A) Current ratio B) Inventory turnover ratio C) Accounts payable period D) Capital intensity ratio Question: Which of the following would not be considered an intangible asset? Select one: A. Brady bonds are considered a debt security, but not an asset class. (c) The effects of obsolescence. , All of the following fixed assets are depreciated EXCEPT Current market values of assets are not considered Assets could be grossly undervalued The inventory turnover ratio is equal to cost of goods sold divided by inventory at the start of the year Nov 29, 2022 · By this definition the following things are not information assets – people, servers, laptops. Study with Quizlet and memorize flashcards containing terms like c. Amortization and more. However Study with Quizlet and memorize flashcards containing terms like Bookmark question for later Which of the following types of accounts are found on the income statement? -Liabilities -Revenues -Owners' equity -Assets, Which of the following is generally considered to be an asset? -Accounts receivable -Mortgage payable -Unearned revenue -Notes payable, An enterprise's obligations to pay cash or . Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). total assets must equal total liabilities plus stockholders equity and more. Cash equivalents. accounts receivable, If a purchased item is long-lived but not used in normal operations, the asset is classified and recorded as a(n) A. Land 0 b Agcounts Receivable 。c. Salvage value Jul 21, 2021 · Admitted assets are insurance company assets permitted by state law to be included in the company's financial statements. The general meaning of asset is an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies. Option A and D are correct. Customer lists, production backlog, and customer contracts E. Here's a simple breakdown of the concept: Capital assets are significant pieces of property such as homes, cars, investment properties, stocks, bonds, and even collectibles or art. copyrights. (b) An expensive private jet that can be purchased from a local vendor. Inventory with a basis of $16,000 and a fair market value of $15,000. A. Intangible assets include patents, copyrights, franchises, goodwill, trademarks, and trade names. lessee. This will be helpful when completing the annual inventory. Skimming is not considered a misappropriation of assets. - an identifiable useful life - an indefinite useful life - visible signs of deterioration - a legal useful life and more. 00 Assuming that $80,000 of dividends were declared during the year, the Question: Which of the following would NOT be considered an investment asset Cash Value in Life Insurance. Inventory O d. B. , Cardinal Industries purchased a generator that cost $11,000. Frankie Taylor is trying to organize a list of office items that could be considered assets for the medical office. IBM common stock is considered as an equity security—it is not an asset class by itself. All other assets are generally non-exempt, and are countable. It stands for the resources that a business has at its disposal for regular business activities. On the other hand: Cash, Equipment, and Inventory are all examples of assets, as they represent resources owned by the company. savings account fund to be used to retire bonds D. They are classified as long-term assets. Total asset turnover b. This exercise requires us to determine the asset that is not an intangible asset. e. Study with Quizlet and memorize flashcards containing terms like Which one of the following is not considered one of the three primary financial statements?, A balance sheet is designed to show:, Which of the following best defines an asset? and more. What is not included in assets? Any stocks in trade, consumable Study with Quizlet and memorize flashcards containing terms like Which of the following does not describe intangible assets?, Which of the following characteristics do intangible assets possess?, Which characteristic is not possessed by intangible assets? and more. Assets like inventory and accounts receivable are not considered cash equivalents. They could be considered “assets” of an organisation but they are not “information” assets. Business Accounting Accounting questions and answers Which of the following is not considered an intangible asset? An oil well. A Brokerage Account A 401 (k) Plan. Jun 27, 2023 · The land that qualifies as a 1231 asset is not considered a** hot asset**. In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. Income smoothing D. fixed asset. These accounts either increase or decrease and have its normal debit or credit balances. C) Rosie bought a personal auto earlier this year. Inventory, short-term highly-liquid marketable securities, cash, and accounts receivable are all examples of current assets because they are expected to be turned into cash or used up within a year. Brady bonds are issued by a developing country as a result of a restructuring of its defaulted bank debt. tax purposes, digital assets are considered property, not currency. undeposited credit card sales receipts B. Out of the options provided, Common stock is not considered an asset. Which of the following assets is NOT generally considered a capital asset? A) Ken owns a personal residence. Insured asset allocatione. Insured asset allocation e. Which of the folowing is an example of"passive investingas it is known in the investment industry? A. If an asset is specifically excluded, it is said to be “non-countable”. Which of the following would not be considered an intangible asset? Select one: A. In contrast to tangible assets like land, vehicles Aug 6, 2025 · Learn what intangible assets are, their types, and how they impact businesses. D) Rosie bought a personal auto earlier this year. These accounts are organized into current and non-current categories. (d) A ship that normally takes one to two years to complete. Inventory turnover. Types of Asset Accounts – Explanation Pretty much all accounting systems separate groups of assets into different accounts. A student loan and monthly rent are not assets. If she wishes to achieve a long-term holding An asset is considered a current asset if it is anticipated to be sold, consumed, or converted into cash within a year or the business' operational cycle, whichever is longer. Which of the following assets is NOT considered to be an ordinary asset? Multiple choice question. a rare edition of a book held by an individual who is not a dealer of rare Study with Quizlet and memorize flashcards containing terms like Which of the following does not describe intangible assets?, Which of the following characteristics do intangible assets possess?, Which characteristic is not possessed by intangible assets? and more. Current ratio c. Accounts receivable. Lack of arm's length transactions Current assets are resources expected to be converted to cash within one year. A franchise. Merchandise, component pieces, raw materials, and finished products are all included in the classification of inventory. Money-market fundsb. Answer Intangible assets are non-physical assets that have a monetary value since they represent potential revenue. This expenditure covers something (electricity) that only had utility during the billing period, which is a past period; therefore, it is recorded as an Which of the following items is NOT normally considered to be a current asset? Select one: a. B) Drake owns U. From the options provided, the following are not considered intangible assets: Mineral deposit Copy machine Explanation Mineral deposit: This is a natural resource, which is a type Question: Which of the following is not typically considered to be a “hot asset?” Accounts receivable of a cash basis partnership. Study with Quizlet and memorize flashcards containing terms like Multiple Choice 8-1 What is a Capital Asset? (LO 8. May 20, 2020 · The option that is NOT considered a digital asset is D, which refers to an image you do not have the right to use. Assets are resources owned by a company that have economic value and can be converted into cash or provide future economic benefit. Assets held in foreign countries are considered assets. Correctly identifying and Question: Which of the following is not considered a short-term financial asset?a. Common stock represents ownership in a corporation, so it is considered equity rather than an asset. The value is not halved if there are two owners or two names on the account. Channel stuffing C. Some programs do not count assets; see Programs with No Asset Test in this item. Instead, these assets convey special rights from: Research and development is an asset but is not considered intangible because it may lead to intangible assets such as patents and goodwill. They are financial instruments. Ordinary assets are used in business operations, while corporate stock represents an investment. certificates of deposit D. Similarly, equipment and inventory are tangible assets that a company uses in its Question: In calculating the acid-test ratio, which of the following is not considered a quick asset? a. ete ut of 1. Which of the following is not a factor to be considered when determining the useful life of an intangible asset? (a) Legal, regulatory or contractual provisions. In ____ asset allocation, the investor's risk tolerance and constraints are assumed to be constant over time. 401Ks and IRAs in some states may be considered an asset or count as income Medicaid determines the appraised value of these assets by factoring in any depreciation or liens. Therefore, D is the correct choice as no ownership or rights apply to it. Thus, the correct option is 4. Land held for development. building. The idea behind this exclusion is that Which of the following are considered disadvantages of using EVA and accounting rates of return over market-value-based measures? assets could be grossly undervalued show current performance not affected by economic factors that move stock market prices current market values of assets are not considered Question: Which of the following is not considered an issue relating to proper revenue recognition? Select one: A. Cash e. Discover how patents, brand names, and intellectual property add value beyond the balance sheet. contra asset. Cash. Also, one of the main differences between financial assets and real assets is liquidity - how easily Study with Quizlet and memorize flashcards containing terms like Which of the following instrument/asset classes would generally be considered to be the least liquid?, A stock dividends would be paid on which of the following securities? A. commercial paper and more. Answer to Which of the following asset (s) are not considered Common types of assets include current, non-current, physical, intangible, operating, and non-operating.  Patient transport vans b. They provide long-term benefits. For checking accounts, use the average balance for the last six months. All of the following fixed assets are depreciated Which of the following may not be considered a qualifying asset under IAS 23? (a) A power generation plant that normally takes two years to construct. Bonds. Plant, Property, and Equipment C. Commercial paper 6) Which of the following is not considered an intangible asset? Trademark Franchises Trade receivable Goodwill 7) Shares that have been sold and are in the hands of stockholders are called: Issued Treasury Underwritten Outstanding 8) A gain is recognized on the disposal of plant assets when: The sales price is greater than the book value and greater than the residual value The sales price is 14. 2) Yasmeen purchases stock on January 30, 2014. A Money Market Account. See also: Medicaid Spend Down: Convert Assets into Exempt Resources Non-countable resources include the following: Primary Residence Question: Which one of the following is not considered to be a current asset? A. fixed assets Overview of Asset Policy Countable assets cannot exceed the applicable asset limit. Study with Quizlet and memorize flashcards containing terms like Which of the following is not a major characteristic of a plant asset?, Which of these is not part of the historical cost of an asset?, The cost of land purchased as a building site does not include and more. Days' to collect receivables d. From the following list, what would not be considered an asset? a. Study with Quizlet and memorize flashcards containing terms like Which of the following is not considered an asset? Dividends Inventory Accounts Receivable Equipment, Which of the following is generally not classified as a current liability? Jun 12, 2025 · What is considered not an asset? While an asset is something of economic value that's owned or controlled by a person, company, or government, a liability is basically the opposite—something that is owed to another person, company, or government. 2. money market fund securities C. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset. A digital asset is stored electronically and can be bought, sold, owned, transferred or Mar 11, 2022 · In order not to be counted for Medicaid purposes, an asset must either be specifically excluded by statute or otherwise unavailable. Question: Under MACRS, which one of the following is not considered in determining depreciation for tax purposes?a. Which of the following internal record-keeping methods can a parent choose to account for a subsidiary acquired in a business combination? Initial value, equity, or partial equity. The item that is NOT normally considered to be a current asset is e. receivables C. Unlike other options, houses are considered real asset real asset. May 17, 2025 · A liquid asset is one that can be easily converted into cash within a short amount of time. An essential non-countable asset is your home. A contra asset account, c. Certificates of deposit. In the context of business, assets are the resources or properties owned by a company that have economic value. After graduation, you plan to work for Dynamo Corporation for 12 years and then start your own business. Which of the following is not considered an asset? Equipment Accumulated depreciation Accounts receivable Inventory Question 4 Liabilities are generally classified on a balance sheet as small liabilities and large liabilities present liabilities and future liabilities tangible liabilities and intangible liabilities current liabilities and long Study with Quizlet and memorize flashcards containing terms like Which of the following is not a tangible asset? Land Truck Pepsi trademark Oil reserves, The term used to recognize expense for property, plant, and equipment is ______. May 16, 2025 · Government bonds, money market funds, and commercial paper are common types of cash equivalents. 1) Which of the following is a capital asset?, Multiple Choice 8-3 (LO 8. Jul 21, 2025 · What Are Considered Assets for Medicaid Long Term Care Purposes? Summary Seniors need to meet two financial requirements to qualify for Medicaid Long Term Care – an asset limit and an income limit. b Study with Quizlet and memorize flashcards containing terms like All of the following are considered fixed assets except a. Consider both of the following to determine if an asset is countable, and how much Study with Quizlet and memorize flashcards containing terms like Which of the following are liquidity ratios? -Receivable ratio -current ratio -debt ratio -quick ratio, What does a fixed asset turnover ratio of 4 times represent?, The company has total assets of $2,400,000, accounts receivable of $500,000, inventory of $600,000 cash and marketable securities of $20,000, and current liabilities Answer Capital assets are generally significant pieces of property such as homes, cars, investment properties, stocks, bonds, and even collectibles or art. Study with Quizlet and memorize flashcards containing terms like b. Apr 24, 2025 · Current assets is an account on a balance sheet that represents the value of all assets that could be sold or liquidated into cash within one year. Days to collect receivables d. Claim to a specific amount The asset that is not regarded as a capital asset is the inventory in the entity's enterprise. land, b. Asset write-downs B. Physical existence. Finally, inventory refers to physical assets that a company may sell or utilize in production. A current asset is one that has a useful life of one year or less. lessor. Revocable trusts. Office supplies c. Surgical gloves d. net income, c. Identify which of the listed accounts is not considered a tangible asset by recalling the definitions of tangible and intangible assets, and recognizing that intangible assets do not have physical form. a personal residence owned by an individual not in the business of buying and selling residential houses b. Non-current assets have a useful life of longer than one year. However, let us discuss certain assets which are not considered capital assets.  Office supplies c. Study with Quizlet and memorize flashcards containing terms like Which of the following is not considered a highly liquid asset? NOT HIGHLY LIQUID:, At any given point in time, the sum of the actual cash in the petty cash fund and the filled-in Petty Cash Receipts in the petty cash box should be equal to: SUM OF ACTUAL CASH IN PCF & FILLED-IN PCR:, At the end of the current accounting period Mar 11, 2025 · What would qualify as an asset? Personal assets can include a home, land, financial securities, jewelry, artwork, gold and silver, or your checking account. Patient transport vans Find step-by-step Accounting solutions and the answer to the textbook question Which of the following would be considered a long-term asset? A) Accounts Payable B) Land C) Cash D) Common Stock. If a purchased item is long-lived but not used in normal operations, the asset is classified and recorded as a (n) fixed asset. However, for businesses, these assets are termed as 'fixed assets'. A patent. Certificates of depositc. Corporate stock in taxpayer's investment portfolio Equipment owned for six months and used in taxpayer's business Inventory in taxpayer's business Accounts receivable in taxpayer's business Here’s the best way to solve it. Understanding the classification of assets is crucial for financial reporting and analysis. This includes: Cash, savings, and checking accounts, credit union share and draft accounts. b. A machine, a patent, and a factory are all examples of real assets that are used in the production of goods or services or can confer economic benefits to their owner. Which of the following is NOT considered an information asset? A) Shadow data systems B) Business intelligence applications C) Electronic records D) None of the above What's a digital asset About the digital assets question on your tax return How to answer the digital assets question How to report digital asset transactions What's a digital asset For U. Prepaid costs that have not yet expired are considered to be assets. The options considered assets are: owning a guitar, a checking account, stocks and bonds, and owning a motorcycle. Computer equipment b. Prepaid Insurance is a current asset. Business assets can include such things as motor vehicles, buildings, machinery, equipment, cash, and accounts receivable, as well as intangibles like patents and copyrights. Where are assets that are intangible? An asset that is not tangible is an** intangible asset**. Short-term investments. Integrated asset allocationb. Accounts receivabled. C) Darren bought a computer to use in his business. From the options provided, Cash, Accounts Receivable, and Inventory are considered current assets, while Equipment and Goodwill are classified as long-term assets. land. An asset is an economic resource. It represents the money a company owes to its suppliers or creditors. Which of the following is not considered an "Asset Class" when it comes to investments? ARare coins B. Capital stock. accounts receivable. Goodwill. Jun 20, 2025 · Based on this analysis, the correct choice is: c. Acid test ratio b. The fair-value method. If an expenditure does not have such utility, it is instead considered an expense. D. Acid-test ratio c. Commercial paper d. Patents, computer software, databases and trade secrets D. Question: Under MACRS, which of the following must be considered in determining depreciation? Cost of asset Property recovery class Half-year convention Question: Which of the following ratios is not generally considered to be helpful in assessing short-term liquidity? a. Which of the following is a contra account? Accumulated Depreciation is a contra asset account. Basically, all money and property, and any item that can be valued and turned into cash, is a countable asset unless it is one of those assets listed above as exempt. It is anything (tangible or intangible) that can be used to produce positive economic value. government securities that he is holding as an investment. Jul 12, 2024 · Listed property is a type of property that can be used for both business and personal purposes and is subject to special tax deduction and depreciation rules. , Which of the following characteristics do intangible assets possess? a. To determine which of the given options is not considered an asset, identify which items are distributed to shareholders or considered an adjustment to retained earnings rather than resources expected to provide future economic benefit. Money-market funds c. From the given options, the accounts that would be considered assets are: Supplies: This is a current asset because Answer Capital assets are typically significant pieces of property such as homes, cars, investment properties, stocks, bonds, and even collectibles or art. payee. Strategic asset allocation c. In contrast to real assets, which have intrinsic value, financial assets financial assets derive their value from a contractual claim of what they represent. The asset that is NOT considered an ordinary asset is option D: corporate stock in taxpayer's investment portfolio. It involves adjusting the asset mix based on Nov 26, 2023 · Skimming is not considered a misappropriation of assets. Which of the following is notconsidered an asset allocation strategy? a. Study with Quizlet and memorize flashcards containing terms like The main difference between depository institutions and nondepository institutions lies in their, The difference between a bank's liabilities and its assets is the ____, Which of the following is not true about a typical bank's assets? and more.  Computer equipment Frankie Taylor is trying to organize a list of office items that could be considered assets for the medical office. travel advance funds C. Jan 15, 2024 · Among the choices provided, which would not be considered a real asset: a corporate bond, a machine, a patent, or a factory, the answer is a corporate bond. This occurs when a person receives money or other incentives in exchange for giving preferential treatment to a certain vendor or contractor. d. Question: Which of the following assets is NOT generally considered a capital asset? A) Ken owns a personal residence. For example, accounts receivable represent money owed to the company by customers for sales or services rendered. All of these, QN=62 Liquidity of a company is generally defined as a measure of: a. Current ratio Which of the following ratios is not generally considered to be helpful in assessing short-term liquidity? 1. S. Real Assets/Alternatives 15. ), Which of the following would not be considered an accounting transaction of the business?, Charitable missions include all of the following except and more. However, changes in capital market Nov 27, 2023 · An asset is something of value that you own and can use to produce something. The other options, such as Patents (intellectual property), Accounts receivable (money owed to a company by its Which of the following would not be considered a current asset? Select one: o a. Jun 27, 2021 · 9. Question: Which of the following is not considered a capital asset? a. Study with Quizlet and memorize flashcards containing terms like Which of the following does not describe intangible assets? a. Other items like personal residences, stocks and bonds, and personal cars generally fall under the category of capital assets. It is a liability, which represents amounts owed by the company to creditors for goods or services received but not yet paid for. For savings accounts, use the current balance. While all these might imply a form of 'capital', it Question: Which of the following is NOT considered an asset allocation strategy? Select one. Surgical gloves d. It has an estimated life Answer to Asset Allocation Strategy Question In the context of asset allocation strategies, the option that is NOT considered a standard asset allocation strategy is: Full replication Explanation of Options Integrated asset allocation: This strategy combines various asset classes and considers the overall risk and return profile of the portfolio. Assets can be classified into various categories, such as tangible assets, intangible assets, etc. Mar 17, 2023 · Copy machine and Mineral deposit are not considered intangible assets amongst the following. They lack physical existence. See discussion of trusts in paragraph 5-7 G. Apr 4, 2025 · An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future. inventories D. , In a lease contract, the party to whom the rights to use the asset are granted is called the a. Tactical asset allocationd. fkp rnuz mlodaqpz doi eihq tpd ymvja quyx lxpgtll bcolva