Question : These assets provide little or low return. Which type of asset is highlighted in the given statement?
Option 1: Fixed asset
Option 2: Tangible asset
Option 3: Current asset
Option 4: Intangible asset
Answer (1)
19th Jan, 2024
Correct Answer: Current asset
Solution : Current assets are usually more liquid but contribute less to profits than fixed assets. Insufficient investment in current assets make it more difficult for an organisation to meet its payment obligations. However these assets provide little or low return.
Hence, option C is correct.
Comments (0)
Related Questions
Question : Goodwill is
3 Views
Question : Creditors are
3 Views
Trending Articles/News
