The Fixed Assets Owned by a Company Are Considered to Be

Multiple Choice

The fixed assets owned by a company are considered to be long-term because:

A) The high cost of the fixed assets demands that they not be considered short term.
B) They are purchased with the intent of benefitting the company for a long period of time.
C) The assets will last for a long period of time.
D) All of the above are reasons the fixed assets are considered to be long-term.