Which of the Following Is a Characteristic of Fixed Assets

question 51

Multiple Choice

Which of the following is a characteristic of fixed assets?

• A) Fixed assets are offered for sale as part of normal operations.
• B) Fixed assets do not exist physically.
• C) Fixed assets are long-term or relatively permanent assets.
• D) Fixed assets that are no longer used in operations are still classified as fixed assets.

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Definitions:

Bear Hug

A strategy in business, particularly in takeovers, where an acquiring company makes a generous offer to another company's shareholders to buy its shares.

Cultural Sensitivity

The awareness and acknowledgment of the cultural differences and similarities between people without assigning them a value.

Managers' Attitude

The predispositions or tendencies managers have towards people, situations, or themselves, affecting decision-making and leadership styles.

Grapevine

Informal and unofficial communication channels within an organization or group.