Fixed assets are property and buildings that a company expects to use for more than which period of time?
A) 1 month
B) 6 months
C) 1 year
D) 2 years

Name: Fixed assets are property and buildings that a company expects to use for more than which period of time? A) 1 month B) 6 months C) 1 year D) 2 years
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Question

Quizplus · Accepted Answer

Fixed assets are property and buildings that a company expects to use for more than one year. Anything less than one year is considered a short-term asset or a current asset.

Fixed Assets Are Property and Buildings That a Company Expects