Which one of the following is not a major category for long-term assets?
A)Intangibles
B)Property, plant, and equipment
C)Receivables
D)Goodwill

Name: Which one of the following is not a major category for long-term assets? A)Intangibles B)Property, plant, and equipment C)Receivables D)Goodwill
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Question

Quizplus · Accepted Answer

Receivables are typically classified as current assets, not long-term assets. Long-term assets generally include property, plant, and equipment, intangible assets (such as patents or trademarks), and goodwill.

Which One of the Following Is Not a Major Category