Which one of the following is not a major category for long-term assets?

Name: Which one of the following is not a major category for long-term assets?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Inventory is not a long-term asset. Long-term assets are those that are expected to be held for more than one year and include property, plant, and equipment, intangibles such as patents and copyrights, and other long-term investments. Inventory, on the other hand, is a current asset that is expected to be sold or used up within a year or less.

Which One of the Following Is Not a Major Category