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

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

Quizplus · Accepted Answer

Managing the firm's assets includes inventory, fixed assets, and accounts receivable. However, notes payable is a liability and not an asset, so it is not included in managing the firm's assets.

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