Which of the following is a not characteristic of property, plant and equipment (PPE)?

Question

Quizplus · Accepted Answer

While PPE generally have a useful life of more than one year and are held for use in the ordinary course of business, they may not necessarily have fixed and determinable future cash flows. The future cash flows associated with PPE are often estimated and subject to factors such as market conditions, technological changes, maintenance costs, and other factors that may affect their usefulness and value. Therefore, this is not a characteristic of PPE.

Which of the Following Is a Not Characteristic of Property