Which of the following is an example of a fixed asset?
A) transportation equipment
B) money-market funds
C) cash in hand
D) accounts receivable
E) short-term investments

Question

Quizplus · Accepted Answer

A)Fixed assets are assets retained for long-term use, such as land, buildings, machinery, and equipment. Transportation equipment is a long-term asset and is typically used for more than one year.
B)Fixed assets are assets retained for long-term use, such as land, buildings, machinery, and equipment. Transportation equipment is a long-term asset and is typically used for more than one year.
C)Fixed assets are assets retained for long-term use, such as land, buildings, machinery, and equipment. Transportation equipment is a long-term asset and is typically used for more than one year.
D)Fixed assets are assets retained for long-term use, such as land, buildings, machinery, and equipment. Transportation equipment is a long-term asset and is typically used for more than one year.
E)Fixed assets are assets retained for long-term use, such as land, buildings, machinery, and equipment. Transportation equipment is a long-term asset and is typically used for more than one year.

Which of the Following Is an Example of a Fixed