The following items are taken from the financial statements of Dinkel Company for the year ending December 31, 2010:
The sub-classifications for assets on the company's classified balance sheet would include all of the following except:
A) Current Assets.
B) Property, Plant, and Equipment.
C) Intangible Assets.
D) Long-term Assets.

Question

Quizplus · Accepted Answer

Long-term Assets is not a sub-classification; it is a broader category that includes sub-classifications like Property, Plant, and Equipment, and Intangible Assets.

The Following Items Are Taken from the Financial Statements of Dinkel