* not completed

. Which one of the following would be classified as a receivable in a retailer?

Goods in the shop correct incorrect

Money held in the retailer's bank account correct incorrect

Money in the retailer's cash registers correct incorrect

Money owed by a customer correct incorrect

* not completed

. Which one of the following would not be classified as an item of inventory in a house building company?

Bricks held on a building site correct incorrect

Bags of cement stored in the company's warehouse correct incorrect

Stores of cash held on site to meet small day to day expenses correct incorrect

Land held in the company's land bank on which houses will be constructed correct incorrect

* not completed

. Which one of the following would be classified as cash and cash equivalents in the statement of financial position of an insurance company?

Money due from customers to pay their annual insurance premium correct incorrect

Money received from customers to pay their annual insurance premiums awaiting payment into the bank correct incorrect

A refund due from the insurance company's bank relating to overcharging for services in the past correct incorrect

A refund due to customers for premiums on insurance policies cancelled correct incorrect

* not completed

. Which one of the following would not be classified as a current asset in the statement of financial position of an online stationery retailer?

Delivery vans correct incorrect

Laptop computers for resale to customers correct incorrect

Amounts due from customers correct incorrect

Pens and paper correct incorrect