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Which of the following is a characteristic of fixed assets? a. Fixed assets are offered for sale as part of normal operations. b. Fixed assets

Which of the following is a characteristic of fixed assets?

a. Fixed assets are offered for sale as part of normal operations.

b. Fixed assets are long-term or relatively permanent assets.

c. Fixed assets that are no longer used in operations are still classified as fixed assets.

d. Fixed assets do not exist physically.

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