All of the following are examples of fixed assets EXCEPT
A) automobiles.
B) buildings.
C) marketable securities.
D) equipment.

Question

Quizplus · Accepted Answer

Fixed assets are typically long-term assets that a company uses to generate revenue and are not intended for sale. Examples of fixed assets include buildings, land, equipment, and vehicles. Marketable securities, on the other hand, are investments that are intended to be sold in the short-term and are not considered fixed assets. Therefore, the correct answer is C.

All of the Following Are Examples of Fixed Assets EXCEPT