Multiple Choice
Which one of the following characteristics most applies to a discount brokerage firm?
72
views
1. Introduction to Accounting
Types of Accounting
Struggling with Financial Accounting?
Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
Which of the following best describes the capital resources Teasha needed to open her business?
A
Cash, equipment, and buildings used to operate the business
B
Employees and management staff
C
Patents and trademarks
D
Advertising and marketing strategies
Verified step by step guidance1
Understand the concept of capital resources: Capital resources refer to physical assets used in the production of goods and services, such as cash, equipment, and buildings.
Analyze the options provided: Review each option to determine which aligns with the definition of capital resources.
Option 1: Cash, equipment, and buildings used to operate the business. These are tangible assets directly involved in business operations, fitting the definition of capital resources.
Option 2: Employees and management staff. These are human resources, not capital resources, as they represent labor rather than physical assets.
Option 3: Patents and trademarks, and Option 4: Advertising and marketing strategies. These are intangible assets and strategies, not physical assets, so they do not qualify as capital resources.
4:10mWatch next
Master Types of Accounting: Financial and Managerial with a bite sized video explanation from Brian
Start learningRelated Videos
Related Practice
Types of Accounting practice set
Problem sets built by lead tutorsExpert video explanations