Plants,offices,and equipment are considered:

A) long-term assets.
B) marketable securities.
C) common stock.
D) short-term liabilities.
E) current assets.

Question

Plants,offices,and equipment are considered:A) long-term assets.B) marketable securities.C) common stock.D) short-term liabilities.E) current assets.

tammy martell · Accepted Answer

Final Answer : A, Explanation :  Plants, offices, and equipment are considered long-term assets because they are expected to provide economic benefits over a period longer than one year.

Plants,offices,and equipment are considered:

A) long-term assets.
B) marketable securities.
C) common stock.
D) short-term liabilities.
E) current assets.

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Learning Objectives

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