Commerce
WAEC 2012
Buildings and machinery used in the running of a business are examples of
-
A.
current assets
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B.
intangible assets
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C.
liquid assets
-
D.
fixed assets
Correct Answer: Option D
Explanation
Fixed assets are assets which are purchased for long-term use and are not likely to be converted quickly into cash, such as land, buildings, and equipment.
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