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:

E-commerce System

An online platform or software application that enables buying and selling of goods and services over the internet.

Opendoor.Com

Opendoor.Com is an online real estate platform that simplifies the process of buying and selling homes through technology and direct home buying services.

Knock.Com

A real estate technology company that makes buying or selling homes more convenient by streamlining various processes.

Realtor.Com

Realtor.com is a real estate listings website that provides comprehensive information about homes for sale, apartments for rent, and insights about properties and neighborhoods to help users make informed decisions.