Which of the Following Assets Would Not Be Classified as Property,plant,and

question 143

Multiple Choice

Which of the following assets would not be classified as property,plant,and equipment?

• A)Delivery truck
• B)Copyright
• C)Land
• D)Furniture

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Definitions:

Thrift Institutions

Savings and loan associations, mutual savings banks, and credit unions, primarily engaged in accepting savings deposits and making mortgage and other loans.

Government Securities

Financial instruments issued by the government to finance its expenditures, promising to pay back with interest.

Excess Reserves

Capital reserves held by banks that surpass the minimum reserve requirements, providing liquidity and stability to the banking system.

Money Supply

The total quantity of monetary assets available in an economy at a specific time, including notes, coins, and balances held in checking and savings accounts.