Plant assets are:
A: Tangible assets used
in the operation of a business that have a useful life of more than one
accounting period.
B: Current assets.
C: Held for sale.
D: Intangible assets
used in the operations of a business that have a useful life of more than one
accounting period.
E: Tangible assets used
in the operation of business that have a useful life of less than one
accounting period.
A: Tangible assets used
in the operation of a business that have a useful life of more than one
accounting period.
B: Current assets.
C: Held for sale.
D: Intangible assets
used in the operations of a business that have a useful life of more than one
accounting period.
E: Tangible assets used
in the operation of business that have a useful life of less than one
accounting period.
举一反三
- The term intangible assets is used to describe assets which are used in the operation of the business but no physical substance, and non-current.
- Many of the business transactions affect the net income of more than one accounting period.
- Depreciation expense for a period isthe portion of a plant assets cost that is allocated to that period.
- 【单选题】Which of the following statements best distinguishes the difference between real and financial assets? A. Financial assets appreciate in value; real assets depreciate in value. B. Real assets are tangible; financial assets are not. C. Real assets have less value than financial assets. D. Financial assets represent claims to income that is generated by real assets.
- Assets are often classified into current assets, long-term investments, plant assets, and intangible assets.