Fixed assets include
A) inventory.
B) equipment.
C) working capital.
D) office supplies.

Name: Fixed assets include A) inventory. B) equipment. C) working capital. D) office supplies.
Brand: Quizplus
Rating: 4.7 (31 reviews)

Question

Quizplus · Accepted Answer

Fixed assets are long-term tangible assets used in the production of goods or services and not intended for resale. Equipment is a common example of a fixed asset. Inventory, working capital, and office supplies are not considered fixed assets.

Fixed Assets Include