An airline seat is an example of an asset held for future use or sale.

Name: An airline seat is an example of an asset held for future use or sale.
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Question

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An asset is defined as something of value that a company or individual owns or controls with the expectation that it will provide future benefit. An airline seat is an asset because it is owned by the airline and can be sold to customers for future use.

An Airline Seat Is an Example of an Asset Held