ACC 500 Module 5 Midterm Exam SNHU | Page 10

b. total assets
c. creditors d. paid in capital
22. Which of the following is NOT a current asset?
a. Inventories b. Supplies c. Land d.
Prepaid Insurance
23. Unsecured debt holders are creditors who have ________.
a. a general claim against total assets b. a specific claim against particular assets c. a specific claim against fixed assets only d. a general claim against fixed assets only
24. Preferred stock has priority over common stock in ________.