The CEO of a business owns a residence in Flagstaff. The company the CEO works for owns a factory in Chandler. Which of these properties is considered an asset(s) of the business?
A) The Flagstaff residence only
B) The Chandler factory only
C) Both the Flagstaff and Chandler properties
D) Neither the Flagstaff nor Chandler properties
Correct Answer:
Verified
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