Which of the following would NOT be considered a fixed asset? O A. Copper O B. Equipment OC. Vehicle OD. Land

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Answer 1

Answer #1

Answer

Correct Answer = Option ‘A’ Copper would NOT be considered a fixed assets
Equipment, Vehicle, Lands are all are Fixed Asset.
However, ‘Mines’ of copper are considered Depletion Fixed Assets, but copper extracted is not a Fixed Asset.

Answer 2

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