Plant Assets Are Defined As

question 152

Multiple Choice

Plant assets are defined as:

• A)Tangible assets that have a useful life of more than one accounting period and are used in the operation of a business.
• B)Current assets.
• C)Held for sale.
• D)Intangible assets used in the operations of a business that have a useful life of more than one accounting period.
• E)Tangible assets used in the operation of business that have a useful life of less than one accounting period.