Which of the Following Is a Not Characteristic of Property

question 61

Multiple Choice

Which of the following is a not characteristic of property, plant and equipment (PPE) ?

• A)PPE are tangible items.
• B)PPE benefit more than one year.
• C)PPE are held for use in the ordinary course of business.
• D)PPE have fixed and determinable future cash flows.

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Definitions:

Rules of Evidence

Guidelines and legal principles that determine what evidence is admissible in court.

Civil Procedure

The body of law governing the processes and rules that courts follow in civil lawsuits, including the steps of bringing a lawsuit, pretrial proceedings, trial, and possible appeal.

Criminal Procedure

The body of law and rules that govern the process for addressing violations of criminal law, from investigation and arrest through trial and sentencing.

Authentication

The process of establishing the genuineness of an item that is to be introduced as evidence in a trial.