property, plant, and equipment and intangible assets are: multiple choice created by the normal operation of the business and include accounts receivable. long-term revenue-producing assets. current and long-term assets used in the production of either goods or services. all assets except cash and cash equivalents.

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21-11-2022
Business

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property, plant, and equipment and intangible assets are: multiple choice created by the normal operation of the business and include accounts receivable. long-term revenue-producing assets. current and long-term assets used in the production of either goods or services. all assets except cash and cash equivalents.

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ayfat23 ayfat23 · Answer 1 · 2022-12-02T13:04:26+01:00

Property, plant, and equipment and intangible assets are long-term revenue-producing assets.

What are long-term revenue-producing assets?

Property, plant, and equipment can be considerd as long-term assets which are very important to the business operations.

It should be noted that the Property, plant, and equipment can be described as the tangible assets, since they are physical in nature or can be touched due to the fact that they are not the type that can be easily converted into cash.

Learn more about the assets here:

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