Which of the following are considered "chunky" or "lumpy" assets?
A) Total Assets
B) Current Assets
C) Fixed Assets
D) Additional Funds Needed (AFN)

Question

Quizplus · Accepted Answer

Fixed assets are considered "chunky" or "lumpy" because they are larger, long-term assets such as buildings, equipment, and machinery, that cannot be easily converted to cash. Total assets and current assets can include both "chunky" and "smooth" assets, while Additional Funds Needed (AFN) is not an asset at all.

Which of the Following Are Considered "Chunky" or "Lumpy" Assets