Which of the Following Is Not a Characteristic of Property

question 81

Multiple Choice

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

• A)PPE are held for sale in the ordinary course of business.
• B)PPE are held for administrative purposes of the business.
• C)PPE are held for use in the ordinary course of business.
• D)PPE are held for rental to others by the business.

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Definitions:

Elective Surgical Procedure

A surgery that is planned in advance and is not essential to save the patient's life, often aimed at improving quality of life.

Equilibrium Price

The price at which the quantity of a good demanded equals the quantity supplied, resulting in market balance.

Doctors per Population

A ratio that illustrates the number of medical professionals available to serve a given number of people in a specified area.

Health Maintenance Organizations (HMOs)

Health care providers that contract with employers, insurance companies, labor unions, or government units to provide health care for their workers or others who are insured.