Which of the Following Assets Held by a Manufacturing Business

question 165

Multiple Choice

Which of the following assets held by a manufacturing business is a § 1231 asset?

• A) Inventory.
• B) Office furniture used in the business and held less than one year.
• C) A factory building used in the business and held more than one year.
• D) Accounts receivable.
• E) All of the above.

---

Definitions:

Anorexic

Relating to anorexia, an eating disorder characterized by an intense fear of gaining weight and a distorted body image.

Abnormally Thin

Having a body weight or thickness significantly below what is considered normal or healthy.

Junk Food

Food that is high in calories but low in nutritional content.

Obesity

A medical condition where excess body fat accumulates to the extent that it may have a negative effect on health, leading to increased risks of various diseases and health problems.