A Characteristic of a Fixed Asset Is That It Is

question 212

Multiple Choice

A characteristic of a fixed asset is that it is

• A) intangible
• B) used in the operations of a business
• C) held for sale in the ordinary course of the business
• D) a short-term investment

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Definitions:

High Net Worth

A term used to describe individuals whose total value of financial assets, excluding their primary residence, is significantly higher than the average, often implying greater financial security and investment capacity.

Diversified

An investment strategy that spreads risk by allocating investments among various financial instruments, industries, and other categories to reduce exposure to any single asset or risk.

Probability Distribution

A mathematical function that calculates the likelihood of various possible results happening in an experiment.

Standard Deviation

A statistical measure that quantifies the variability or dispersion of a set of data points or investment returns.