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

The correct answer is:<br /><br />C) used in the operations of a business<br /><br />Fixed 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.