Examlex
When Don meets with Phil to discuss Phil's output decline,in which management role will Don be operating?
Buildings
Structures erected to serve as premises for business, residential, or other purposes, considered as fixed assets on a balance sheet.
Land
Land refers to the surface of the earth and any permanent fixtures attached to it, considered a fixed asset in accounting and not subject to depreciation.
Machinery and Equipment
Fixed assets used in the operations of a business that are expected to be used for multiple years.
Ordinary Maintenance
Routine maintenance and repairs necessary to keep property (equipment, buildings, etc.) in efficient operating condition.
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