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ACCT 301 Intermediate I > Ch 10 > Flashcards

Ch 10 Flashcards

1
Q

3 Major Characteristics of Property, Plant and Equipment

A
  1. Acquired for use in operations not for sale
  2. Long-term in nature and usually depreciated
  3. Possess physical substance
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ACCT 301 Intermediate I (10 decks)

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