Bethany ____ Application Was Received on May 1

question 46

Multiple Choice

Bethany ____ application was received on May 1.

• A)Hernandez
• B)Hernandez's
• C)Hernandezes'

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Definitions:

Leased Asset

An asset that is rented under a contract where the lessee (user) has the right to use the asset in exchange for regular payments to the lessor (owner).

Long-Term Asset

Assets that are expected to provide economic benefits over a period longer than one year, such as buildings, machinery, and land.

Intangible Nature

The quality of being unable to be touched or grasped physically, often used to describe assets that do not have physical substance but are valuable to a business, like copyrights or goodwill.

Long-Lived Assets

Assets of a durable nature used in the regular operations of a business and that are expected to provide economic benefit for more than one year.