All of the Following Are Classified as Fixed Assets Except

question 218

Multiple Choice

All of the following are classified as fixed assets except

• A) factory equipment.
• B) a company car.
• C) computers held for resale.
• D) property.
• E) buildings.

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Definitions:

Recall

The mental process of retrieving information or events from the past without being explicitly prompted.

Storage

The process of retaining encoded information over time.

Encoded Information

Information that has been converted into a form, code, or language that can be processed and stored by a system or brain.

Persistence

The quality of continuing steadily despite problems or difficulties; a determination to keep going until an objective is achieved.