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Need help with accounting multiple choice questions. Multiple Choice 8-1 A fixed asset is classified as a/an: a. current asset. b. non-current asset. c. intangible

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Need help with accounting multiple choice questions.

image text in transcribed Multiple Choice 8-1 A fixed asset is classified as a/an: a. current asset. b. non-current asset. c. intangible asset. d. contra-asset. 2. eBook Multiple Choice 8-2 Which of the following is not a characteristic of a fixed asset? a. Recorded at cost b. Used for less than one year

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