menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 1
  4. Exam
    Exam 8: Accounting for Long-Term Operational Assets
  5. Question
    Which of the Following Would Be Classified as a Long-Term
Solved

Which of the Following Would Be Classified as a Long-Term

Question 56

Question 56

Multiple Choice

Which of the following would be classified as a long-term operational asset?


A) Notes receivable
B) Trademark
C) Inventory
D) Accounts receivable

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q51: A copyright is an intangible asset with

Q52: Laramie Co.paid $800,000 for a purchase that

Q53: The balance sheet of Flo's Restaurant showed

Q54: On March 1,Bartholomew Company purchased a new

Q55: Land differs from other property because it

Q57: Recognizing depreciation expense on equipment or a

Q58: When using the modified accelerated cost recovery

Q59: The cost of natural resources includes the

Q60: Which of the following would not be

Q61: Hoover Company acquired Burgess Company for $1,200,000

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines