A Characteristic of Property, Plant, and Equipment Is That It

question 143

Multiple Choice

A characteristic of property, plant, and equipment is that it is

• A)intangible.
• B)used in the operations of a business.
• C)held for sale in the ordinary course of the business.
• D)not currently used in the business but held for future use.

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Definitions:

Freedom of Information Act

A statue enabling the total or partial revelation of previously confidential documents and information governed by the U.S. administration.

Federal Records

Documents created, received, or maintained by a federal agency or elected official that are preserved as evidence of the organization, functions, policies, decisions, procedures, operations, or other activities of the government.

Ethical Decision Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles, often involving the consideration of how actions affect others.

Level Playing Field

A concept involving fair competition where no individual or group has an advantage over others, ensuring equity and fairness in opportunities.