Which One of the Following Is Not Categorized as a Long-Term

question 52

Multiple Choice

Which one of the following is not categorized as a long-term assets?

• A) Intangibles
• B) Property, plant, and equipment
• C) Inventory
• D) Patents

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Definitions:

Tablet Computer

A portable computing device featuring a touch-sensitive screen that can be operated with the fingers or a stylus.

Apple Watch 2

The second version of the Apple Watch, offering improvements over the original, including enhanced fitness tracking, water resistance, and a faster processor.

CPU

Central Processing Unit, the primary component of a computer that performs most of the processing inside a computer.

Primary Storage

Refers to the main storage of a computer where data is temporarily stored and accessed by the processor directly, such as RAM.