While _____ assets are recorded on a balance sheet on the basis of cost, _____ assets are recorded on the basis of cost less accumulated depreciation.

While _____ assets are recorded on a balance sheet on the basis of cost, _____ assets are recorded on the basis of cost less accumulated depreciation.


a. fixed; hidden

b. fixed; current

c. hidden; fixed

d. current; fixed


Answer: D


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Marketing Chapter 12

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