Which of the following qualities arc characteristic of fixed assets? (a) tangible, (b) capable of repeated use
Question:
Which of the following qualities arc characteristic of fixed assets?
(a) tangible, (b)
capable of repeated use in the operations of the business,
(c) held for sale in the normal course of business,
(d) used continuously in the operations of the business,
(e) long-lived. LO2
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