Question

Which of the following is a financial asset?

a.

Equity shares

b.

Debentures

c.

G-Secs

d.

All of the above

Posted under IC 89 Management Accounting

Answer: (d).All of the above Explanation:Equity shares represent ownership in a company and are considered financial assets. Debentures are long-term debt instruments issued by companies, and they fall under the category of financial assets. G-Secs are debt securities issued by the government, and they are also classified as financial assets.

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Q. Which of the following is a financial asset?
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