All of the following except which are classified as fixed assets?
A) factory equipment
B) a company car
C) computers held for resale
D) property
E) buildings

Question

Quizplus · Accepted Answer

Fixed assets are long-term tangible assets that a company owns with the intention of using them in the production or supply of goods or services. Items A, D, and E are all typical examples of fixed assets, while choice C, computers held for resale, is not considered a fixed asset. Instead, it would be classified as inventory or stock.

All of the Following Except Which Are Classified as Fixed