A Company Should Classify Land Held for a Planned Manufacturing

question 121

Multiple Choice

A company should classify land held for a planned manufacturing facility as

• A)an intangible asset.
• B)an investment.
• C)a current asset.
• D)property,plant,and equipment.

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Definitions:

Substituted Service

A legal method of serving court documents when direct service to the defendant or respondent is not possible, typically involving leaving documents with another person or at a specified location.

E-service

Refers to electronic service, which is the provision of services via the internet or an electronic network.

Certified Mail

A mailing service that provides the sender with a receipt and confirmation that the mail was delivered to the recipient.

E-mail

Electronic mail, a method of exchanging messages between people using electronic devices.