The term ‘financial assets’ includes all of the following except

The correct answer is A. technical knowledge.

Financial assets are assets that derive their value from a contractual right to receive cash or another financial asset from another party. They include:

• Bank loans: A loan is a debt instrument that obligates the borrower to repay the lender with interest.
• Lease obligations: A lease is a contract that allows the lessee to use an asset for a period of time in exchange for periodic payments to the lessor.
• Shares, bonds, and debentures: These are all types of securities that represent ownership in a company or debt owed by a company.

Technical knowledge is not a financial asset because it does not derive its value from a contractual right to receive cash or another financial asset. It is an intangible asset that can be valuable, but it is not a financial asset.