technical knowledge
bank loan
lease obligations
shares, bonds and debentures
Answer is Wrong!
Answer is Right!
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 viewBox="0 0 576 512"> Subscribe on YouTube