Anything that is capable of being owned or controlled to produce value would be considered as what?

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asked Nov 24, 2020 95.1k views

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Volpav · Answer 1 · 2020-11-29T19:44:11+0000

Answer: The correct answer is anything that is capable of being owned or controlled to produce value is an asset.

Explanation: An asset is anything that is capable of being owned or controlled to produce value. Assets represent the value of ownership that can be converted to cash.

Anything that is capable of being owned or controlled to produce value would be considered as what?

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