Multiple choice

Property and other items of value owned by a business.

  1. Accounts Receivable

  2. Assets

  3. Valuables

  4. Owner's Equity

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Assets are items of value owned by a business, such as cash, equipment, inventory, and property. Accounts receivable is a specific type of asset, but not the general term.