Property, plant, and equipment are assets that:
A) have expected lives of more than one year.
B) are used in the business.
C) are not acquired for resale.
D) all of the above

Question

Quizplus · Accepted Answer

Property, plant, and equipment are assets that have expected lives of more than one year, are used in the business, and are not acquired for resale. Therefore, all of the above options are correct.

Property, Plant, and Equipment Are Assets That