Identify the Following as a Fixed Asset (FA),Intangible Asset (IA),Natural

question 16

Short Answer

Identify the following as a Fixed Asset (FA),Intangible Asset (IA),Natural Resource (NR),or None of these (N).
(a) Computer
(b) Patent
(c) Oil reserve
(d) Goodwill
(e) U.S. Treasury note
(f) Land used for employee parking
(g) Gold mine

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Definitions:

Approach

A way or method of dealing with a problem or task, typically involving a clear strategy or direction.

Instructor's Expectations

The specific standards or goals an instructor anticipates students will achieve in a course or module.

Audience

The collective group of people who are the intended recipients of a message, performance, or piece of content.

Purpose

The reason for which something is done or created or for which something exists.