Fixed assets are held by business for _____.
A)Converting into cash
B)Generating revenue
C)Resale
D)None of the above

Name: Fixed assets are held by business for _____. A)Converting into cash B)Generating revenue C)Resale D)None of the above
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Question

Quizplus · Accepted Answer

Fixed assets are held by businesses primarily for generating revenue through their use in production or other business operations, rather than for conversion into cash or resale.

Fixed Assets Are Held by Business for _____