A Characteristic of a Fixed Asset Is That It Is

question 212

Multiple Choice

A characteristic of a fixed asset is that it is

• A) intangible
• B) used in the operations of a business
• C) held for sale in the ordinary course of the business
• D) a short-term investment

---

Definitions:

Universal Music Group

A global music corporation that operates a array of businesses engaged in recorded music, music publishing, and merchandising.

Hulu

A subscription-based streaming service offering a wide range of TV shows, movies, and original content, available primarily in the United States.

Verizon

An American multinational telecommunications company, known for its wireless products and services.

Pipes

Conduits or tubes designed for the transportation of fluids, gases, or small solids from one location to another.