Which one of the following is not a major category for long-term assets?

Name: Which one of the following is not a major category for long-term assets?
Brand: Quizplus
Rating: 4.9 (53 reviews)

Question

Quizplus · Accepted Answer

Inventory is not a long-term asset but rather a current asset as it is expected to be sold or used up within a year or one operating cycle, whichever is longer. The other choices, intangibles (such as trademarks or goodwill), property, plant and equipment (such as buildings or machinery), and patents are all major categories for long-term assets.

Which One of the Following Is Not a Major Category