Assets That Are NOT Acquired for Resale, but Used by a Business

question 15

Multiple Choice

Assets that are NOT acquired for resale, but used by a business to generate revenues, are

• A) Land
• B) Goodwill
• C) Inventory
• D) Both land and goodwill

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Definitions:

Investigator

An individual, often a scientist or researcher, who conducts detailed and systematic examination or inquiry into something through research and experimentation.

Unicellular Eukaryotes

Organisms that consist of a single cell and have a nucleus enclosed within membranes, unlike prokaryotic cells.

Protists

Eukaryotic organisms that are not plants, animals, or fungi and are often unicellular, such as amoebas or algae.

Bacteria

Single-celled microorganisms that can exist either as independent organisms or as parasites, with some causing diseases and others being beneficial.