A characteristic of a fixed asset is that it is:
A. intangible
B. used in the operations of a business
C. held for sale in the ordinary course of the business
D. not currently used in the business but held for future use
Answer:B
A characteristic of a fixed asset is that it is:
A. intangible B. used in the operations of a business C. held for sale in the ordinary course of the business D. not currently used in the business but held for future use