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Question
which of these is the best example of an asset? the electricity in a home the antique diamond necklace someone is wearing the coffee someone drank this morning an old, used airline ticket
An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. The electricity in a home is consumed and not a long - term asset. The coffee someone drank is consumed and no longer an asset. An old, used airline ticket has no further value or use. However, an antique diamond necklace is a valuable item that can be owned, has long - term value, and can be sold or passed on, making it an asset.
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the antique diamond necklace someone is wearing