Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

A firm owns long-lived property that is used by a firm in the Production of its income. What this property is called ?

A firm owns long-lived property that is used by a firm in the Production of its income. What this property is called ?

A. Unmovable asset
B. Fixed property
C. Production line
D. Fixed asset