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  3. Study Set
    Corporate Financial Accounting
  4. Exam
    Exam 9: Fixed Assets and Intangible Assets
  5. Question
    Land Acquired So It Can Be Resold in the Future
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Land Acquired So It Can Be Resold in the Future

Question 164

Question 164

Multiple Choice

Land acquired so it can be resold in the future is listed on the balance sheet as an


A) fixed asset
B) intangible asset
C) investment
D) current asset

Correct Answer:

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