Plant assets and intangible assets are usually long-term assets that are used to produce or sell products and services.

Question

Quizplus · Accepted Answer

Plant assets and intangible assets are typically long-term investments that a company uses in its business operations to produce or sell goods and services over a significant period of time. They are not intended for immediate use or sale, and their value is expected to be realized over the asset's useful life.

Plant Assets and Intangible Assets Are Usually Long-Term Assets That