Which of the Following Is Not a Fixed Asset

question 6

Multiple Choice

Which of the following is not a fixed asset?

• A) Machinery and equipment
• B) Inventories
• C) Building
• D) Land

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Definitions:

Minimize Occurrence

Efforts or measures taken to reduce the frequency or likelihood of an event or condition happening.

Collaboration

The action of working with someone to produce or create something.

Win-Win Solution

An outcome of a negotiation where all parties feel they have achieved a satisfactory resolution.

Miscommunication

A failure to convey or understand information accurately, leading to misunderstandings or confusion.