Assets That Are Expected to Provide Benefits for a Number

question 97

Multiple Choice

Assets that are expected to provide benefits for a number of accounting periods are called:

• A) current assets.
• B) fixed assets.
• C) long-term assets.
• D) property, plant, and equipment.

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Definitions:

Peer-To-Peer

A decentralized communications model in which each party has the same capabilities and either party can initiate a communication session.

Servers

Computers or computer programs that provide services to other computers or programs, often across a network, by responding to requests for data, resources, or services.

Network Topology

The physical or logical arrangement of computers, transmission media (cable), and other network components.

Common

Widespread, ordinary, or frequently encountered; in computing, it could refer to any commonly used data, protocols, or interfaces.