What are assets?
A)Resources that a company owns with future benefit
B)Net worth of a company
C)Amounts paid to owners
D)Amounts owed to others and are future obligations

Question

Quizplus · Accepted Answer

Assets are resources that a company owns, which have future benefits. They can be tangible, such as property, equipment, or inventory, or intangible, such as patents or trademarks. Net worth (B) is the difference between assets and liabilities, while amounts paid to owners (C) are typically in the form of dividends or distributions. Amounts owed to others (D) are liabilities, which are future obligations, rather than assets.

What Are Assets