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
Marketing MCQ
Marketing Chapter 12
While _____ assets are recorded on a balance sheet on the basis of cost, _____ assets are recorded on the basis of cost less accumulated depreciation.