Match these terms with their correct definition.
-Tangible operating assets used in the normal operations of a business
A)Franchise
B)Intangible operating assets
C)Natural resources
D)Operating assets
E)Organizational costs
F)Property, plant, and equipment
G)Trademark
H)Voluntary disposal

Question

Quizplus · Accepted Answer

Property, plant, and equipment (PP&E) are tangible operating assets that a business uses in its normal operations. These assets include physical objects such as buildings, machinery, and vehicles that are expected to be used for more than one year.

Match These Terms with Their Correct Definition