Which of the following are considered to be an asset:
A) Deposit on a futures contract
B) Asset under finance lease
C) Deferred acquisition costs
D) All of the given answers.
E) Deposit on a futures contract and asset under finance lease.

Question

Quizplus · Accepted Answer

All of the given answers are considered to be assets. Deposits on futures contracts and assets under finance lease are both examples of tangible assets while deferred acquisition costs are intangible assets.

Which of the Following Are Considered to Be an Asset