1. Which of the following assets are an example of long-lived assets? a. Patent b. Cash c. Accounts receivable d. Inventory 2. Operating assets are categorized as a. long-lived and short-lived assets. b. property, plant, and equipment, intangible assets, and natural resources. c. current assets and noncurrent assets. d. property, plant, and equipment, current assets, and long-lived assets.

1. Which of the following assets are an example of long-lived assets? a. Patent b. Cash c. Accounts receivable d. Inventory 2. Operating assets are categorized as a. long-lived and short-lived assets. b. property, plant, and equipment, intangible assets, and natural resources. c. current assets and noncurrent assets. d. property, plant, and equipment, current assets, and long-lived assets