A tangible fixed asset is distinguished from current assets by the following characteristic (s): Question 10 options:

It is an asset that is held by the company over several periods.

All of the above

It is an asset that must be depreciated each period.

It is an asset that is used by the business to generate future economic benefits.

It is an asset that is not intended to be sold in the ordinary course of business, such as, for example, commodities.