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Yokav Yokav
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6 years ago
A fixed asset is
A) an expense, such as rent, that is paid before the upcoming period in which it is due.
B) an amount due from a customer who has purchased goods on credit.
C) an asset with long-term use or value, such as land, buildings, and equipment.
D) an asset that can or will be converted to cash within the following year.
E) a nonphysical asset, such as a patent or trademark, that has economic value in the form of expected benefit.
Textbook 
Business Essentials, Canadian Edition

Business Essentials, Canadian Edition


Edition: 8th
Authors:
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6 years ago
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