Tangible Assets Are Earning Assets That Are Held for the Returns

question 31

True/False

Tangible assets are earning assets that are held for the returns they promise.

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Definitions:

Thompson's Classification

A framework for analyzing organizations based on three types of interdependencies: pooled, sequential, and reciprocal.

Woodward's Classification

A framework for classifying industrial organizations based on the complexity of the technology used in the production process.

Information Technology (IT)

The use of computers, networking, storage, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Capability

The ability or power to do something effectively or to achieve a particular outcome.