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Meaning of Assets



 
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Meaning of "keen on" | Take over vs buy up
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Meaning of Assets #1 (permalink) Mon Jan 10, 2005 18:12 pm   Meaning of Assets
 

Test No. incompl/advan-9 "Finance (1)", question 9

When someone dies and their ......... reach a certain figure, their family has to pay an additional tax.

(a) profits
(b) wealth
(c) assets
(d) products

Test No. incompl/advan-9 "Finance (1)", answer 9

When someone dies and their assets reach a certain figure, their family has to pay an additional tax.

Correct answer: (c) assets

Your answer was: incorrect
When someone dies and their profits reach a certain figure, their family has to pay an additional tax.
_________________________

assets is like money?

angie
angie
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Assets #2 (permalink) Mon Jan 10, 2005 18:51 pm   Assets
 

A company's assests are all the items on a blance sheet such as premises, vehicles, intellectual properties (copy righted materials, patents, trade marks, logos, etc.), cash reserves, computer equipment etc.
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Assets #3 (permalink) Fri Sep 02, 2005 13:20 pm   Assets
 

Torsten wrote:
A company's assests are all the items on a blance sheet such as premises, vehicles, intellectual properties (copy righted materials, patents, trade marks, logos, etc.), cash reserves, computer equipment etc.


But, why not consider "wealth" as correct because It is talking about one person and not for a company, where "assests" is more suitable.
Thanks
tito
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Assets #4 (permalink) Fri Sep 02, 2005 13:21 pm   Assets
 

Torsten wrote:
A company's assests are all the items on a blance sheet such as premises, vehicles, intellectual properties (copy righted materials, patents, trade marks, logos, etc.), cash reserves, computer equipment etc.


But, why not consider "wealth" as correct because It is talking about one person and not for a company, where "assests" is more suitable.
Thanks
tito
Guest





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Meaning of "keen on" | Take over vs buy up
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