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    Exam 10: Fixed Assets and Intangible Assets
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    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 79

Question 79

Multiple Choice

Land acquired so it can be resold in the future is listed in the balance sheet as a(n)


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

Correct Answer:

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