Which of the Following Is a CORRECT Statement About Long-Term

question 86

Multiple Choice

Which of the following is a CORRECT statement about long-term assets?

• A)Accumulated depreciation increases the cost of property,plant,and equipment on the balance sheet.
• B)Intangible assets are long-term assets with no physical form.
• C)Long-term investments can never be sold by the company.
• D)Other long-term assets include supplies.

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Definitions:

Jeffrey Pfeffer

An American business theorist and professor at Stanford University, known for his work on organizational behavior and human resources.

People-Centered Practices

Practices that focus on valuing and developing individuals within organizations, promoting employee engagement and satisfaction.

Human Resource Management

A tactical method aimed at efficiently handling personnel within a company, with an emphasis on practices and frameworks that enhance the performance of employees.

Organization's Strategy

A plan of action designed by an organization to achieve long-term goals and sustain competitive advantage.