Plant assets are:
A)Current assets.
B)Used in operations.
C)Natural resources.
D)Long-term investments.
E)Intangible.

Name: Plant assets are: A)Current assets. B)Used in operations. C)Natural resources. D)Long-term investments. E)Intangible.
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Question

Quizplus · Accepted Answer

Plant assets, also known as fixed assets, are used in operations to generate revenue over a number of years. They have a useful life of more than one accounting period and include items such as land, buildings, machinery, and equipment.

Plant Assets Are