Fixed assets include production facilities, inventory warehouses, computer storage capacity, retail outlets, and production and office equipment.

Question

Quizplus · Accepted Answer

Fixed assets are long-term tangible assets used in the production or distribution of goods and services, and they include items such as buildings, machinery, equipment, and land. The examples listed in the statement are all types of fixed assets.

Fixed Assets Include Production Facilities, Inventory Warehouses, Computer Storage Capacity