Which of the Following Is a Characteristic of a Plant

question 93

Multiple Choice

Which of the following is a characteristic of a plant asset, such as a building?

• A)It is used in the operation of a business.
• B)It is available for sale to customers in the ordinary course of business.
• C)It has a short useful life.
• D)It will have a negligible value at the end of its useful life.

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Definitions:

Shirking

The behavior of employees who avoid or reduce work effort, underperforming in their job responsibilities, often when unsupervised or inadequately monitored.

Unionization Rate

The percentage of a particular population of workers that belongs to labor unions; alternatively, the percentage of a population of workers that is represented by one union or another in collective bargaining.

Food Workers

Individuals engaged in occupations related to the preparation, distribution, and serving of food, often in the hospitality and retail sectors.

U.S. Bureau of Labor Statistics

A federal agency responsible for collecting and analyzing economic data related to labor market activity, working conditions, and price changes in the economy.