Operating assets include all of the following except
A) accounts receivable
B) property, plant, and equipment
C) intangible assets
D) property held for sale

Question

Quizplus · Accepted Answer

Property held for sale is not considered an operating asset because it is not being used in the normal operations of the business. Instead, it is being held for the purpose of selling it to generate cash or to liquidate a non-performing asset. Accounts receivable, property, plant, and equipment, and intangible assets are all examples of operating assets because they are used to generate revenue and operate the business.

Operating Assets Include All of the Following Except