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    Fundamental Financial Accounting Concepts Study Set 2
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    Exam 8: Accounting for Long-Term Operational Assets
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    Which of the Following Would Not Be Classified as a Tangible
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Which of the Following Would Not Be Classified as a Tangible

Question 32

Question 32

Multiple Choice

Which of the following would not be classified as a tangible long-term asset?


A) Delivery truck
B) Franchise
C) Land
D) Oil and gas reserve

Correct Answer:

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