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

Multiple Choice

• A property, plant, and equipment cutoff error near year-end has a more significant effect on net income.
• Relatively few transactions occur in property, plant, and equipment during the year.
• The assets involved with property, plant, and equipment ordinarily have relatively longer lives.
• Property, plant, and equipment accounts typically have a higher dollar value.