Which of the Following Would Be Considered a Long-Term Asset

question 198

Multiple Choice

Which of the following would be considered a long-term asset?

• A) Accounts Payable
• B) Land
• C) Office Supplies
• D) Retained Earnings

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Definitions:

Media Conglomerates

Large corporations that own a wide variety of media companies across different types of media outlets, including television, radio, publishing, and the internet.

New Media

New Media encompasses digital forms of communication and content delivery, including the Internet, social media, and other digital technologies that have emerged since the late 20th century.

Minority Representation

The presence and participation of individuals from less dominant or smaller demographic groups in political, cultural, or other societal spheres.

Mass Media

The various forms of communication tools, such as television, newspapers, radio, and the internet, that reach a large audience simultaneously, playing a crucial role in shaping public opinion and disseminating information.