Managing the firm's assets includes all of the following EXCEPT
A) notes payable.
B) fixed assets.
C) inventory.
D) accounts receivable.

Name: Managing the firm's assets includes all of the following EXCEPT A) notes payable. B) fixed assets. C) inventory. D) accounts receivable.
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Question

Quizplus · Accepted Answer

Managing the firm's assets includes fixed assets, inventory, and accounts receivable. Notes payable is a liability, not an asset, and therefore not included in asset management.

Managing the Firm's Assets Includes All of the Following EXCEPT