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

Question

Quizplus · Accepted Answer

Operational assets are assets used in the daily operations of a business to generate revenue, such as plant, equipment, patents, and mineral deposits being mined. Land held for resale is considered an investment or inventory, not an operational asset, as it is not used in the daily operations to generate revenue.

Operational Assets Do Not Include Which of the Following Kinds