Which of the Following Is NOT a Fixed Asset

question 7

Multiple Choice

Which of the following is NOT a fixed asset?

• A)Equipment
• B)Buildings
• C)Land held for investment
• D)All of these are fixed assets.

---

Definitions:

Alternative Evaluation

The process by which consumers compare different products or brands to make purchasing decisions.

Problem Recognition

The initial stage in the consumer decision-making process, where the consumer identifies a need or problem that requires resolution.

Information Search

The process by which consumers seek out and review information about products, services, or brands to make informed purchasing decisions.

Financial Consideration

The financial aspects that must be evaluated in decision-making processes, including costs, revenues, and profitability.