_____________ _ is an example of a fixed asset.

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Solution

(A) Value stock

(B) Livestock

(C) Income stock

(D) None of these

Answer (B): Livestock

Explanation: Livestock is an example of a fixed asset.

Also see:

What Is a Fixed Asset?

Fixed Assets Vs Current Assets

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Similar questions

Funds required for purchasing current assets is an example of

(a) Fixed capital requirement

(b) Ploughing back of profits

(d) Lease financing

A fixed asset should be financed through

(a) a long term liability

(b) a short term liability

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