3 Questions
Which of the following is an ordinary asset?
Merchandise inventory on which the capital of the business is invested
Which of the following is not an ordinary asset?
Land and building used as residence
Which of the following assets is considered an investment?
Shares of stock in a private corporation held as investment
Test your knowledge of ordinary assets with this quiz! Identify which of the given options qualifies as an ordinary asset. From merchandise inventory to shares of stock, challenge yourself to choose the correct answer.
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