Things that a firm owns that have ________ are classified as assets.

Name: Things that a firm owns that have ________ are classified as assets.
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

Assets are defined as things that a firm owns that have worth or value. Assets can include tangible items such as property, equipment, and inventory, as well as intangible items such as patents and trademarks. Anything that has no value or negative value would not be classified as an asset.

Things That a Firm Owns That Have ________ Are Classified