Which of the Following Describes Assets Such as Land,building,and Equipment

question 26

Multiple Choice

Which of the following describes assets such as land,building,and equipment?

• A) liquid assets
• B) fixed assets
• C) intangible assets
• D) current assets
• E) limited assets

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Definitions:

Attention

The focusing of mental resources on specific information to become consciously aware of that information.

Testable Prediction

A statement forecasting a specific outcome that can be verified through experimentation or observation, fundamental in the scientific method.

Hypothesis

A proposed explanation for a phenomenon, made as a starting point for further investigation.

Empiricism

The theory that knowledge comes primarily from sensory experience and that scientific methods should rely on observation and experimentation.