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Which of the following refers to people’s material and property

Which of the following refers to people’s material and property-example-1
User Psijic
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2 Answers

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The correct answer is: "asset".

An asset is defined as a resource that has an implicit economic value and it is expected to provide a future satisfacion to its owner, that can be either an individual or a firm.

Assets can be products or properties (either physical or intangible) that enable its owner, for a example a firm, to obtain cash flows in the future or to improve their operations leading to a cost reduction or a sales increase, etc.

User Jthill
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4 votes

Answer:

Assets

Step-by-step explanation:

Active It is a system built with goods and services, with functional and operational capabilities that are maintained during the full development of each specific socio-economic activity. The assets of the companies vary according to the nature of the activity carried out.

User Kikiwora
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