Resources that a firm owns are called:
A)Revenues.
B)Assets.
C)Equities.
D)Credits.

Question

Quizplus · Accepted Answer

Resources that a firm owns are referred to as assets. This can include tangible assets like property, equipment, and inventory, as well as intangible assets like patents and brand reputation. Revenues refer to the income earned by the firm, equities refer to ownership interests in the firm, and credits refer to a decrease in liabilities or an increase in assets.

Resources That a Firm Owns Are Called