The firm's most valuable assets are listed at the top of its balance sheet.

Name: The firm's most valuable assets are listed at the top of its balance sheet.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Both current and fixed assets are needed and valued by most companies in order to efficiently and effectively run their operations. A firm purchases fixed assets with the intention of using them over an extended period of time-greater than one year. Fixed assets have an estimated useful life.

The Firm's Most Valuable Assets Are Listed at the Top