Which of the following is considered an operating asset?

Question

Quizplus · Accepted Answer

Consumables are considered operating assets because they are used in the day-to-day operations of the business.

Answer A is not an operating asset because cash is usually classified as a current asset, which is used to fund the company's short-term operational needs.

Answer C is not an operating asset because property not occupied by the insurer is typically classified as a long-term asset, which is not directly used in the insurer's day-to-day operations.

Answer D is not an operating asset because debt securities are typically classified as investments or financial assets, which are not directly used in the insurer's day-to-day operations.

Which of the Following Is Considered an Operating Asset