Which of the Following Is Not a Capital Asset

question 30

Multiple Choice

Which of the following is not a capital asset?

• A)Office building used by a CPA firm.
• B)Antique automobile held by an antique automobile collector.
• C)Land held for investment.
• D)Stock held for investment.

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Definitions:

Wiring Connections

The points of contact where electrical wires are securely connected to devices, components, or other wires to establish an electrical circuit.

VFD

Variable Frequency Drive, a type of motor controller that drives an electric motor by varying the frequency and voltage supplied to the electric motor.

Electronic Circuitry

The network of electronic components and connections designed to perform a specific function, like amplifying a signal or computing data.

Control Voltage

The voltage used in a control circuit which commands the operation of electrical devices.