Which of the Following Is an Asset That Would Appreciate

question 89

Multiple Choice

Which of the following is an asset that would appreciate in value over time?

• A) Car.
• B) Computer.
• C) House.
• D) Bicycle.

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Definitions:

Common Stock

Equity securities that represent ownership in a company, entitling holders to vote on corporate matters and receive dividends.

Last-in First-out (LIFO)

Last-in First-out (LIFO) is an inventory valuation method where the most recently produced or acquired items are sold first, leading to older stock being recorded in inventory.

Development Costs

Development costs are the expenses associated with the research and development of new products or services, aiming to improve or create new offerings.