All of the Following Accounts Are Considered to Be Fixed

question 80

Multiple Choice

All of the following accounts are considered to be fixed assets on the balance sheet except:

• A)buildings
• B)equipment
• C)plant
• D)machinery
• E)all of the above are fixed assets

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Definitions:

Internal Supply

The availability of resources, talent, or goods within an organization that can be utilized or mobilized to meet its needs.

Future Resource Needs

Anticipated requirements of an organization for assets, staff, or materials in order to meet its strategic goals.

Forecasting

Predicting future events or trends, often using historical data and analysis methods.

Human Resource Planning

The process by which an organization ensures that it has the right number and kind of people, at the right place and time, capable of effectively and efficiently completing tasks that help the organization achieve its overall objectives.