Which of the Following Long-Lived Assets Is Not Amortized or Depreciated

question 68

Multiple Choice

Which of the following long-lived assets is not amortized or depreciated to an expense?

• A) Equipment use in production of inventory goods
• B) Land improvements
• C) Land
• D) Company computers replaced every two years

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Definitions:

Self-efficacy

Someone's conviction in their capability to carry out tasks needed to reach specific achievement levels.

Mastering

The process of gaining comprehensive knowledge or skill in a particular subject or activity.

Vicarious Experiences

Learning or feeling an emotion through the experiences of another person, often through stories, media, or observing others.

Encouragement

The action of giving someone support, confidence, or hope to motivate or positively influence them.