All long-lived assets which are included in property, plant, and equipment must be used in the operations of the business.

Name: All long-lived assets which are included in property, plant, and equipment must be used in the operations of the business.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Long-lived assets included in property, plant, and equipment are tangible assets that are used in the operations of the business to generate revenue over multiple periods, such as machinery, buildings, and vehicles.

All Long-Lived Assets Which Are Included in Property, Plant, and Equipment