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Choose the Letter of the Appropriate Category to Match Each

Question 261

Essay

Choose the letter of the appropriate category to match each asset described.
Asset
1.______ Warehouse
2.______ Licensing rights
3.______ Supplies
4.______ Patents
5.______ Production equipment
6.______ Goodwill
7.______ Land
8.______ Office computer
Category
T - Tangible long-lived asset
I - Intangible long-lived asset
N - Not a long-lived asset

Correct Answer:

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1.T
2.I
3....

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