An Example of an Asset That Is Both Personal-Use and Personal

question 97

Multiple Choice

An example of an asset that is both personal-use and personal property is:

• A)A computer used solely to email company employees regarding company activities.
• B)A storage building used by the CEO to store personal records.
• C)A computer used solely to monitor the CEO's investments and to complete her Form 1040.
• D)A company airplane used by the CEO for business travel.
• E)All of the assets are personal-use and personal property.

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Definitions:

Active Voice

A grammatical voice in which the subject performs the action stated by the verb.

Relationship Paragraphs

Sections of text that help to establish a connection between ideas or elements within a message, improving coherence and understanding.

Intimate

Closely acquainted; very familiar and personal, often describing relationships or knowledge.

Folksy

Characterized by a casual, relatable, and down-to-earth manner, often appealing through simplicity and warmth in communication.