Assets Are Generally Classified As

question 69

Multiple Choice

Assets are generally classified as:

• A)producing assets and consumable assets.
• B)current assets and producing assets.
• C)current assets and long-term assets.
• D)long-term assets and consumable assets.

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Definitions:

Prescriptions

Authorized orders for medication given by a licensed healthcare professional, allowing a patient to be provided medicine.

Factor Of Production

Resources used in the creation of goods and services, traditionally categorized into land, labor, capital, and sometimes entrepreneurship.

Fertilizer

A chemical or natural substance added to soil or land to increase its fertility and enhance plant growth.

Pumpkins

A type of squash plant producing large, typically orange, edible fruits associated with fall festivities and cooking.