All of the Following Are Tangible Assets EXCEPT

question 88

Multiple Choice

All of the following are tangible assets EXCEPT

• A)cash.
• B)patents.
• C)building.
• D)inventory.

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Definitions:

Pay Grades

A structured pay scale that determines the salary range for different levels of positions within an organization.

Labour Costs

The total expenditure borne by employers for the payment of wages, benefits, and other forms of compensation to their employees.

Pay Grades

A structure categorizing employees based on job functions, responsibilities, and pay ranges, designed to ensure fair and equitable compensation within an organization.

Reclassify

The process of changing the classification or status of an employee or job within an organization, often due to changes in job duties or organizational structure.