Current Assets Are Also Called as Plant Assets

question 120

True/False

Current assets are also called as plant assets.

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Definitions:

Clay Minerals

A group of hydrous aluminium phyllosilicates, sometimes with variable amounts of iron, magnesium, alkali metals, alkaline earths, and other cations, known for their plasticity when wet and hardening when heated or dried.

Glass Windows

Transparent panes made from silica-based materials, used in buildings and vehicles to admit light while offering protection from weather elements.

Wallboard

A construction material made from gypsum plaster between two layers of paper, used for making walls and ceilings.

Interior Walls

Walls located within a building or structure, dividing spaces into rooms or sections.