Examlex

Solved

FTP

question 108

Multiple Choice

FTP


Definitions:

Plant Asset

Long-term tangible assets used in the production of goods and services, such as buildings, machinery, and equipment.

Plant Assets

Fixed, tangible assets used in the operation of a business, such as machinery, buildings, and equipment, that have a useful life of more than one year.

Land Improvements

Enhancements made to land, such as landscaping, driveways, fences, and sidewalks, that increase the property's value.

Subdivisions

In real estate, this refers to the act of dividing land into pieces that are easier to sell or otherwise develop.

Related Questions