question 5\na characteristic of a fixed asset is that it is\na intangible\nb used in the operations of a…

question 5\na characteristic of a fixed asset is that it is\na intangible\nb used in the operations of a business\nc held for sale in the ordinary course of the business\nd a short - term investment

question 5\na characteristic of a fixed asset is that it is\na intangible\nb used in the operations of a business\nc held for sale in the ordinary course of the business\nd a short - term investment

Answer

Brief Explanations:

Fixed assets are tangible assets (so A is wrong) that are used in the operations of a business for more than one accounting period. They are not held for sale in the ordinary course of business (so C is wrong) like inventory, and they are not short - term investments (so D is wrong).

Answer:

B. used in the operations of a business