katiegresham2373 katiegresham2373
  • 28-08-2020
  • Business
contestada

Which of the following would not be considered a plant asset? Multiple Choice Land. Machinery and equipment.

Respuesta :

Parrain
Parrain Parrain
  • 31-08-2020

Answer: None of the above

Explanation:

Plant assets are those assets that a business uses in its operations and that are expected to have a useful life of more than a year. Plant assets are also called Fixed assets.

Land, machinery and equipment are all plant assets as they have a useful life of more than a year and are used in the operations of the business.

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