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1. Fixed asset is another way of saying _____________. it cannot be moved from one place to another long-term asset unimportant heavy 2. Money that

1. Fixed asset is another way of saying _____________.

it cannot be moved from one place to another

long-term asset

unimportant

heavy

2. Money that is owed to a business is called accounts receivable. Accounts receivable is a liability.

True or False

3. What is the difference between tangible and intangible assets?

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