Question

Property, plant, and equipment and intangible assets are:
a. Created by the normal operation of the business and include accounts receivable.
b. All assets except cash and cash equivalents.
c. Current and long-term assets used in the production of either goods or services.
d. Long-term revenue-producing assets.

Answer 1

Answer:

d. Long-term revenue-producing assets.

Explanation:

Long term assets are assets that aren't expected to be changed into cash or used up in production activities during the operating cycle of a firm. They include : Property, plant, and equipment and intangible assets.

Current asset are assets that are expected to be changed into cash or used up in production activities during the operating cycle of a firm. They include cash , inventory and account receivable.

I hope my answer helps you.