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    Principles of Accounting Study Set 1
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    Exam 10: Long -Term Assets
  5. Question
    Which of the Following Is Not a Characteristic of All
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Which of the Following Is Not a Characteristic of All

Question 5

Question 5

Multiple Choice

Which of the following is not a characteristic of all long-term assets?


A) Possess physical substance
B) Not for resale
C) Used in operations of business
D) Useful life of more than a year

Correct Answer:

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