A. Economic resources
B. Liabilities of a business
C. Cash Values of a business
D. None of these

Brief facts about this MCQs:

Assets are the economic resources of the business. In fact, the assets are the revenue-generating sources of the business. There are mainly two types of Assets, current assets, and fixed assets. Moreover, current assets are such types of assets that can be convertible shortly into cash. Current assets include cash receivables, accounts receivables, and Bonds. On the other, the other kind is fixed assets, such as Land, Plant, and Machinery.