Plant assets are long-lived,tangible assets used in the operation of a business.

Name: Plant assets are long-lived,tangible assets used in the operation of a business.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

Plant assets are long-term, tangible assets that are used in the operations of a business, such as land, buildings, equipment, and vehicles. They are not intended for immediate resale and have a useful life of more than one accounting period.

Plant Assets Are Long-Lived,tangible Assets Used in the Operation of a Business