Buildings and machinery are considered to be _____ assets.
A) current
B) fixed
C) short-term
D) other

Name: Buildings and machinery are considered to be _____ assets. A) current B) fixed C) short-term D) other
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Question

Quizplus · Accepted Answer

Buildings and machinery are long-term, non-current assets that are expected to last for many years and are not easily convertible into cash. Therefore, they are classified as fixed assets on a balance sheet.

Buildings and Machinery Are Considered to Be _____ Assets