Vidyalelo
Commerce · Q42

Accounting

Graduate and Post Graduate · Commerce · question 42

Q42

Which is the most important characteristic that all assets of a business have?

A.
Long life of assets
B.
Value of assets
C.
Intangible nature of assets
D.
Future economic benefits
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Future economic benefits is the most important characteristic that all assets of a business have.