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

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Definitions:

Preference

The favoring of one option over others, influenced by factors such as values, desires, and needs.

Autokinetic Effect

A phenomenon in which a stationary, small point of light in a dark room appears to move because of involuntary eye movements.

Normative Influence

The impact of societal norms and standards on an individual's behavior, often driving conformative actions.

Social Roles

Expected behaviors, duties, and rights associated with each social position, shaping how individuals in those roles are supposed to act.