A piece of equipment is a good example of a (n) ___________.
a. Long-term asset
b. Current assent
c. A positive variance
d. Owner's equity
Answer: a. Long-term asset
A piece of equipment is a good example of a (n) ___________.
a. Long-term asset
b. Current assent
c. A positive variance
d. Owner's equity
Answer: a. Long-term asset