Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 02, 2024

Which of the following is not true about fixed assets? Group of answer choices They are used during normal operations They exist physically (are tangible)

Which of the following is not true about fixed assets?

Group of answer choices

They are used during normal operations

They exist physically (are tangible)

They normally last longer than 1 year

They are sold in normal operations

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Internal Auditing An Integrated Approach

Authors: Richard E. Cascarino

2nd Edition

0702172693, 978-0702172694

More Books

Students also viewed these Accounting questions

Question

★★★★★

Describe some of the differences between charging by induction and charging by contact.

Answered: 1 week ago

Question

★★★★★

The following results provide the X values, residuals, and a residual plot from a regression analysis: Is there any evidence of a pattern in the residuals? Explain.

Answered: 1 week ago

Question

★★★★★

Does eating broccoli reduce the risk of prostate cancer? According to an observational study from the Fred Hutchinson Cancer Research Center (see the CNN.com web site article titled Broccoli, Not...

Answered: 1 week ago

Question

★★★★★

The March 31, 2014, adjusted trial balance for sopik Refrigeration Repairs is shown below with accounts in alphabetical order. 1 $5,000 of the long-term note payable is due during the year ended...

Answered: 1 week ago

Question

★★★★★

Your task was to audit the existence assertion of accounts receivable, the balance of which as of September 30, 2020 is $420,000. Date Name of customer Amount 05-Jun Jessica Greene $430 08-Nov John...

Answered: 1 week ago

Question

★★★★★

Provide details of your education and provide an explanation of how the courses cited meet the following qualifications: 1. Sample collection. List courses that included training on sample collection...

Answered: 1 week ago

Question

★★★★★

3. Construct the shear force and bending moment diagrams for the beam shown below. 20 kips 12 kips 1.5 kips/ft B C E D 6ft 8 ft 10 ft- -8 ft-

Answered: 1 week ago

Question

★★★★★

home seeker lindsay wants to increase her credit score so she can qualify for a conventional loan at a lower interest rate. To do this, Lindsay needs to focus on several factors that go into...

Answered: 1 week ago

Question

★★★★★

Most married couples view the early years of marriage as O deeply satisfying O the most stressful period of their relationship O a "trial period," to see if they want to stay together confusing, and...

Answered: 1 week ago

Question

★★★★★

A bank sells a "three against six" $3,000,000 FRA for a three-month period beginning three months from today and ending six months from today. The purpose of the FRA is to cover the interest rate...

Answered: 1 week ago

Question

★★★★★

Early Historical Development of Applied Behavior Analysis In 1913, John B. Watson was the first American psychologist to call himself a "behaviorist." From 1913 to 1974, a series of events and...

Answered: 1 week ago

Question

★★★★★

B Think about some of the potential ethical dangers of crossing the line between an informative and a persuasive speech in this case. Where might you be tempted to persuade your audience? How can you...

Answered: 1 week ago

Question

★★★★★

Choose an appropriate organizational pattern for your speech

Answered: 1 week ago

Question

★★★★★

Writing a Strong Conclusion

Answered: 1 week ago

Previous Question Next Question