Land is an example of ________ .
A) shareholder's equity
B) an organizational resource
C) an intangible asset
D) a functional resource

Question

Quizplus · Accepted Answer

Land is considered as an organizational resource because it can be used by an organization for various purposes, such as to build a facility, conduct operations, or generate revenue. Shareholder's equity refers to the residual interest in the assets of an organization after deducting liabilities. Intangible assets are non-physical assets such as patents, trademarks, and copyrights. Functional resources refer to resources that are specific to a particular function or department within an organization, such as marketing resources or human resources.

Land Is an Example of ________