Question

Long-lived assets used in the operations of the business refer to property, plant, and equipment, and

a) Inventories.
b) Investments.
c) Receivables.
d) Intangible assets.

Answer 1

Property, plant, and equipment are the long-lived assets used in the operations of a business.

Step-by-step explanation:

Long-lived assets used in the operations of a business refer to property, plant, and equipment. These are tangible assets that are expected to be used in the business for a long period of time. Examples of property, plant, and equipment include buildings, machinery, vehicles, and furniture.