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An Example of an Asset That Is Both Personal-Use and Personal

Question 97

Multiple Choice

An example of an asset that is both personal-use and personal property is:


A) A computer used solely to email company employees regarding company activities.
B) A storage building used by the CEO to store personal records.
C) A computer used solely to monitor the CEO's investments and to complete her Form 1040.
D) A company airplane used by the CEO for business travel.
E) All of the assets are personal-use and personal property.

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