Operational assets do not include which of the following kinds of assets?
A) Plant and equipment in use.
B) Patents in use.
C) Mineral deposits being mined.
D) Land held for resale.

Question

Quizplus · Accepted Answer

Operational assets are assets that are necessary to continue the ongoing business operations. Land held for resale is not an operational asset as it is not used in day-to-day operations but rather held for future sale. Plant and equipment, patents, and mineral deposits being mined are all examples of operational assets.

Operational Assets Do Not Include Which of the Following Kinds