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elasticity; cheerfulness; quality of quickly recovering from sadness or failure; buoyancy
current
stay
landscape
resilience
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Meaning of Assets



 
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Meaning of "keen on" | Is "he's eaten" short for "he has eaten"?
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Meaning of Assets Mon Jan 10, 2005 19:12 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 Mon Jan 10, 2005 19:51 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 Fri Sep 02, 2005 14:20 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
Guest
Assets Fri Sep 02, 2005 14:21 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" | Is "he's eaten" short for "he has eaten"?
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