Capital assets are also referred to as

Name: Capital assets are also referred to as
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Capital assets are long-lived assets that are acquired for use in a business and are not intended for sale to customers in the ordinary course of business. They are typically tangible assets such as property, plant, and equipment, but can also include intangible assets such as patents, trademarks, and copyrights. B, C, and D are not accurate terms to describe capital assets.

Capital Assets Are Also Referred to as