30.) Historical cost is measure by: A. The cash price of obtaining the asset. B. The cash price of obtaining the asset plus any sales tax on the asset. C. The cash or cash equivalent price and all other necessary costs of obtaining the asset and bringing it to the location and condition necessary for its intended use. 31.) Fixed assets have which characteristics that are different from inventory? A. They are capitalized on the balance sheet. B. They are short term and generally not subject to depreciation. C. They are acquired for use in the business operations, not for resale. D. Both b and c