All of the Following Characteristics Are Common to Both Tangible

question 33

Multiple Choice

All of the following characteristics are common to both tangible and intangible noncurrent assets with finite lives except

• A) held for use and not for investment.
• B) expensed in the periods in which the assets are used in operations.
• C) have either a physical or financial nature.
• D) derive value from the ability to generate economic benefits.

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Definitions:

Correct Verb

Choosing the appropriate action word in a sentence that accurately matches the subject and tense.

Seismographers

Scientific instruments used to detect and record the strength, duration, and nature of earth movements, including earthquakes.

Modern Technology

The use of the latest methods, ideas, or tools to create products and solutions for contemporary issues and needs.

Correct Verb

entails the use of appropriate verb forms in grammar to match subject-verb agreement, tense, mood, and voice.