BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Property and other items of value owned by a business
A
equity
B
owner’s equity
C
assets
D
liabilities
Explanation: 

Detailed explanation-1: -Assets are valuable resources owned by a business, expected to create economic benefits for a business. Assets include plant, property, goodwill, inventory, cash, marketable securities, etc.

Detailed explanation-2: -Assets are items of value that your business owns, such as real estate and equipment. Assets and liabilities are part of a business’s balance sheet and are used to judge the business’s financial health.

Detailed explanation-3: -A business asset is an item of value owned by a company. Business assets span many categories. They can be physical, tangible goods, such as vehicles, real estate, computers, office furniture, and other fixtures, or intangible items, such as intellectual property.

Detailed explanation-4: -Business assets are items of value that your business owns, creates or benefits from. Assets can range from cash, raw materials and stock, to office equipment, buildings and intellectual property.

Detailed explanation-5: -Asset valuation is the process of determining the current value of a company’s assets, such as stocks, buildings, equipment, brands, goodwill, etc. This process often happens as part of a wider business valuation, or before you buy, sell or insure an asset.

There is 1 question to complete.