Which of the Following Is Not Properly Classified as Property

question 93

Multiple Choice

Which of the following is not properly classified as property, plant, and equipment?

• A) Building used as a factory.
• B) Land used in ordinary business operations.
• C) A truck held for resale by an automobile dealership.
• D) Land improvement, such as parking lots and fences.

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Definitions:

Local Government

The administration governing a specific local area such as a city, town, or county, responsible for providing local services and infrastructure and may have its own tax collection policies.

Behavioral Leadership

A leadership style that focuses on understanding and managing the actions and interactions of team members to effectively lead an organization.

Situational Leadership

A leadership theory proposing that the most effective leadership style varies from situation to situation, depending on factors like the task complexity and the maturity of the followers.

Path-Goal Leadership

A leadership theory that suggests a leader's behavior is contingent to the satisfaction, motivation, and performance of their subordinates.