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:

Process Innovation

Introduction of a new or significantly improved production or delivery method, enhancing efficiency or quality.

Legal Protection

Measures and regulations established by law to safeguard individuals, businesses, and their intellectual properties against infringement and harm.

Original Innovators

Original Innovators are individuals or organizations that first develop a new product, process, or technology, paving the way for future developments and innovations.

Exclusive Right

A legal provision granting someone the sole authority to sell, produce, or use a particular product or service.