MENU
Assets that are long-lived and that differ from property, plant and equipment hat has been purchased outright or acquired under a capital lease are:
Suggested Answer: B
Get Premium CFE-Financial-Transactions-and-Fraud-Schemes Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
15 comments · newest first
AN
Angella
3 months ago
D) None of above is also not right.
BA
Barbra
3 months ago
No, C doesn't fit the definition.
JU
Jutta
3 months ago
Why not C) Forced Assets? Sounds interesting.
VA
Valda
3 months ago
A) Tangible Assets seems wrong here.
CA
Carin
3 months ago
I agree, they last long but aren't physical.
HU
Huey
3 months ago
I think it's B) Intangible Assets.
MA
Marti
4 months ago
Totally agree with B, makes sense!
CO
Coral
4 months ago
Wait, are there really assets called "Forced Assets"? Sounds odd.
CH
Chau
4 months ago
No way, it's not C) Forced Assets!
ST
Stevie
5 months ago
I thought it was A) Tangible Assets.
YA
Yasuko
6 months ago
Definitely B) Intangible Assets!
BR
Brice
6 months ago
I definitely remember that intangible assets are not physical, but I’m not sure if they fit the description given in the question. I might need to double-check my notes.
SH
Sherly
6 months ago
I’m uncertain about this one. I feel like I might have seen "tangible" used in a similar context, but I can't recall the exact details.
AR
Arlyne
6 months ago
I remember a practice question that asked about different types of assets, and I think intangible assets were specifically mentioned as long-lived. So, I’m leaning towards B.
ME
Merri
7 months ago
I think the answer might be B) Intangible Assets, but I'm not completely sure. We covered this in class, but I get confused with the definitions.