Which of the Following Long-Lived Assets Is Not Amortized or Depreciated

question 14

Multiple Choice

Which of the following long-lived assets is not amortized or depreciated to an expense?

• A)Equipment used in production of inventory goods
• B)Land improvements
• C)Land
• D)Company computers replaced every two years

---

Definitions:

Social Structures

The organized patterns of relationships and institutions that together form the basis of society.

Social Interaction

The process by which individuals act and react in relation to others, forming the foundation of social relationships and society.

Microstructures

Refers to the patterns or arrangements of social relations and interactions on a small scale, such as in groups or face-to-face interactions.

Postindustrial Revolution

Refers to the technology-driven shift from manufacturing to service industries and the consequences of that shift for virtually all human activities.