All of the Following Are Classified as Fixed Assets EXCEPT

question 10

Multiple Choice

All of the following are classified as fixed assets EXCEPT which one?

• A) factory equipment
• B) trademarks
• C) property
• D) buildings

---

Definitions:

Industry Averages

Statistical benchmarks that measure the average performance, such as profitability or growth, of companies in a specific industry.

Unprofitable Segment

A division or part of a business that does not generate profit and may drain resources from the more profitable segments.

Discontinued Operations

Parts of a company's core business or product lines that have been discontinued or sold.

Income Tax Expense

The amount of expense that a business or individual incurs due to the taxes on its taxable income.