Which of the following would a company consider an asset?
A) An external company used to destroy defective hard drives
B) Information residing on backup tapes
C) A company-sponsored technology conference
D) A certified third-party vendor that provides critical components

Question

Quizplus · Accepted Answer

Information residing on backup tapes is considered an asset because it holds valuable data that the company owns and can use for its operations.

Which of the Following Would a Company Consider an Asset