Questions
11:709:448:01 FOOD PROD MGMT FINAL Exam - F25- Dec 18- Requires Respondus LockDown Browser
Single choice
Which of the following is an example of a fixed asset?
Options
A.Dining room furniture
B.Food inventory
C.Owner's equity
D.Accounts payable
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Step-by-Step Analysis
To understand which option represents a fixed asset, we need to recall what fixed assets are: long-term tangible resources used in operations to generate goods or services, typically not intended for resale.
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