Which of the following statement is not typical of property, plant and equipment as compared to most current asset accounts?

1) A property, plant and equipment cutoff error near year-end has a more significant effect on net inome.

2) Relatively few transactions occur in property, plant and equipment during the year.

3) The assets involved with property, plant and equipment ordinarily have relatively longer lives.

4) Property, plan and equipment accounts typically have a higher dollar value.