Which One of the Following Is a Capital Asset

question 44

Multiple Choice

Which one of the following is a capital asset?

• A)Rental property.
• B)A computer used for investments.
• C)Business inventory.
• D)A non-musical copyright created by the taxpayer.

---

Definitions:

Postal Rates

The charges or fees associated with sending mail and packages through the postal service.

Declined

Refers to a decrease or rejection in amount, quality, or intensity.

Maintenance Costs

Expenses associated with the upkeep and repair of equipment, buildings, or machinery to ensure their proper functioning and efficiency.

Operating Costs

Expenses associated with the day-to-day functioning of a business or project, not including the cost of goods sold.