Non-Current Assets Can Be Divided into Two Groups Including Tangible

question 165

True/False

Non-current assets can be divided into two groups including tangible and intangible assets.These assets are generally used in operations of a business and have useful lives extending over more than one accounting period.

---

Definitions:

Market Segment

A subsection of a market comprised of individuals or organizations with similar characteristics, needs, or behaviors, often targeted with specific marketing strategies.

Uncertainty

The lack of clarity about future events that can cause entrepreneurs to take unreasonable actions.

Pivot

A change in business direction.

Ethical Boundary

The limits of acceptable behavior and practices, determined by ethical principles and standards, beyond which actions become morally wrong.