Which of the Following Is a Not Characteristic of Property

question 61

Multiple Choice

Which of the following is a not characteristic of property, plant and equipment (PPE) ?

• A)PPE are tangible items.
• B)PPE benefit more than one year.
• C)PPE are held for use in the ordinary course of business.
• D)PPE have fixed and determinable future cash flows.

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Definitions:

Royal Ancestors

Refers to the lineage of kings and queens from which an individual descends, often used in contexts of historical or genealogical research.

Bwoom

A traditional African mask from the Kuba kingdom of the Democratic Republic of the Congo, representing royalty or other significant cultural figures in ceremonial dances.

Yoruba Artist

Refers to artisans from the Yoruba people, a large ethnolinguistic group in West Africa, known for their rich traditions in sculpture, mask-making, textiles, and beadwork.

Olowe Of Ise

A highly regarded Yoruba artist from Nigeria, known for his innovative and dynamic sculptures in wood, particularly royal doors and veranda posts.