Which of the Following Would Not Be Classified as Property

question 112

Multiple Choice

Which of the following would not be classified as property, plant and equipment on a balance sheet?

• A)Land held for investment.
• B)Equipment used in the manufacturing process.
• C)A building used as corporate headquarters.
• D)A natural resource being mineD.Land held as an investment would be reported on a balance sheet as an investment.

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Definitions:

Attitude Involvement

The degree to which an individual is interested in and cares about a particular attitude object, affecting the strength and stability of attitudes.

Compliance

The act of conforming to a wish, request, or demand, often in the context of regulations or social expectations.

Identification

The process by which an individual aligns themselves with certain aspects of another person or group, adopting those aspects as part of their own identity.

Short Reports

Concise documents that provide essential information on a specific topic, often used in business or academic settings.