A Fixed Asset Is Something That You Will Own for ________

question 26

Multiple Choice

A Fixed Asset is something that you will own for ________.

• A)Less than a year
• B)The life of the business
• C)More than a year
• D)All the above

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Definitions:

Intangible Products

Products that cannot be touched or physically measured, such as services, digital goods, and experiences.

Nonfinancial Rewards

Benefits provided to employees that do not involve monetary compensation, such as recognition, flexible working hours, and professional development opportunities.

Corporate America

A colloquial term referring to the United States' business sector, particularly large companies and corporations.

Comparable Level

A standard of measurement or quality used to compare the attributes of products, services, or performance.