A characteristic of a fixed asset is that it is A held for sale in the ordinary course of the business B a short-term investment C used in the operations of a business D intangible

Question

A characteristic of a fixed asset is that it is A held for sale in the ordinary course of the business B a short-term investment C used in the operations of a business D intangible

Answer 1

The correct answer is:C) used in the operations of a businessFixed assets are long-term tangible assets that a company uses in its operations to generate income. They are not intended for sale in the ordinary course of business, nor are they short-term investments or intangible assets. Examples of fixed assets include machinery, buildings, and equipment.

Problemas

A characteristic of a fixed asset is that it is A held for sale in the ordinary course of the business B a short-term investment C used in the operations of a business D intangible

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