Which of the following terms does not mean the same as the others?
A)Tangible assets
B)Fixed assets
C)Property,plant,and equipment
D)Long-lived assets

Name: Which of the following terms does not mean the same as the others? A)Tangible assets B)Fixed assets C)Property,plant,and equipment D)Long-lived assets
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Question

Quizplus · Accepted Answer

Long-lived assets include both tangible assets and intangible assets.Tangible assets are also referred to as property,plant,and equipment or fixed assets.

Which of the Following Terms Does Not Mean the Same