Question

When an accountant records on hand, they are noting a company’s

A. human resources; total liquid assets
B. cash; total of amount dollars, money orders, checks, and other forms of
money
W
C. supplies; materials that need to be purchased soon
D. inventory; number of employees on payroll

Answer 1

The correct answer is D. inventory; number of employees on payroll. An accountant records on hand to note a company's inventory, which is the stock of goods available for sale or use in the production process. The number of employees on payroll refers to the human resources aspect of a company, which is separate from the inventory.