A Fixed Asset Can Also Be Referred to as a ________

question 66

Multiple Choice

A fixed asset can also be referred to as a ________ asset.

• A) liquid
• B) current
• C) tangible
• D) trading account

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Definitions:

Mechanistic Systems

Organizational structures characterized by strict hierarchies, fixed duties, and a focus on efficiency and predictability.

Highly Specialized

Having a focus on a particular niche or area of expertise, often requiring advanced skills or knowledge.

Rigidly Defined

Characterized by strict, inflexible rules or definitions that do not allow for variation or interpretation.

Division of Labor

The breakdown of work into smaller, specialized tasks or roles, intended to increase efficiency and productivity.