Resources Are Defined as the Tangible Assets of the Organisation

question 5

True/False

Resources are defined as the tangible assets of the organisation.

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Definitions:

Machinery

Assets consisting of tools, equipment, and facilities used in production or manufacturing processes.

Depreciation Expense

The portion of the cost of a fixed asset deducted from revenue of the period, reflecting the use and wear and tear of the asset.

Cash Dividends

A rephrase: A form of profit-sharing where a corporation distributes a portion of its earnings to shareholders in the form of cash.