The sub-classifications for assets on the company's classified statement of financial position would include all of the following except:

Question

Quizplus · Accepted Answer

The sub-classifications for assets on the company's classified statement of financial position typically include Current Assets, Property, Plant, and Equipment, and Intangible Assets. Long-term Assets are not typically considered a separate sub-classification, as they can fall under any of the other categories depending on their specific characteristics. Therefore, the correct answer is D.

The Sub-Classifications for Assets on the Company's Classified Statement of Financial