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    Intermediate Accounting Study Set 9
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    Exam 10: Acquisition and Disposition of Property, Plant, and Equipment
  5. Question
    Which of the Following Is Not a Major Characteristic of a Plant
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Which of the Following Is Not a Major Characteristic of a Plant

Question 60

Question 60

Multiple Choice

Which of the following is not a major characteristic of a plant asset?


A) Possesses physical substance
B) Acquired for resale
C) Acquired for use
D) Yields services over a number of years

Correct Answer:

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