Which of the Following Is Not an Acceptable Major Asset

question 34

Multiple Choice

Which of the following is not an acceptable major asset classification?

• A) Current assets
• B) Investments
• C) Property, plant, and equipment
• D) Deferred charges

Understand how content marketing creates value for both companies and customers.

Distinguish between communities of practice and communities of interest and their significance.

Understand the methods companies use to engage with online stakeholders.

Describe how social networks can facilitate organizational processes like staffing and collaboration.

---

Definitions:

Consolidated Gross Profit

The total gross profit of a company and its subsidiaries before deducting any operating expenses, interest, and taxes, reported in the consolidated financial statements.

Transfer Price

The price used for the sale or transfer of goods and services between divisions within the same company, often used for accounting and tax purposes.

Inventory Costing

The method used to value and account for inventory, including approaches such as LIFO, FIFO, and weighted average cost.

Cost of Goods Sold

Direct costs attributable to the production of goods sold by a company, including materials and labor costs.