n NISM Certifications
XXI NISM Series XXI-A
Medium

Which of the following is a "Non-Current Asset"?

Practice question from NISM XXI A for PMS - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Cash

  2. B

    Inventory

  3. Property, Plant, and Equipment

    Correct answer

  4. D

    Accounts Receivable

Why this is the answer

Non-current assets are long-term assets used in operations.

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