The first balance sheet asset for a regulated utility is:

Question

Quizplus · Accepted Answer

The first balance sheet asset for a regulated utility is plant, as the regulated utility primarily generates revenue by providing services through its plant assets, such as power distribution systems, power plants, and transmission lines. Cash, receivables, inventory, and investments may also be assets but are typically secondary to plant assets in terms of importance for a regulated utility.

The First Balance Sheet Asset for a Regulated Utility Is