Which of the Following Is NOT an Example of a Fixed

question 63

Multiple Choice

Which of the following is NOT an example of a fixed asset for a lawn care service?

• A)the trailer used to haul away debris
• B)the plant nursery owned by the service
• C)the bucket truck it uses to trim trees
• D)a computer which is used to manage the store's inventory
• E)its accounts receivable

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Definitions:

Formal

Following or according with established form, custom, or rule; characterized by strict or meticulous adherence to established codes or conventions.

Hybrid

Combining two or more different elements, methods, or systems to create a new or dual-functioning entity.

Fact Finding

The process of gathering, analyzing, and reporting on data and facts, often conducted to inform decision-making or resolve disputes.

Substantial Evidence

Refers to evidence that a reasonable mind could accept as adequate to support a conclusion. It is defined as “more than a scintilla but less than preponderance” and consists of “such relevant evidence as a reasonable person would accept as adequate to support a conclusion.”