Inventory, Accounts Receivable, and Machinery Used in a Business Are

question 113

True/False

Inventory, accounts receivable, and machinery used in a business are examples of capital assets.

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Definitions:

Migrants

Individuals who move from one region or country to another, often for reasons such as seeking employment, better living conditions, or escaping conflict.

Natural Resource

Resources like minerals, forests, water, and fertile land that exist naturally and can be exploited for financial profit.

Copper

A chemical element with symbol Cu and atomic number 29, known for its high thermal and electrical conductivity, often used in electrical wiring and plumbing.