Question: 45. When determining whether to record an asset as a fixed asset, what two criteria must be met? a. Must be an investment and must

45. When determining whether to record an asset as a fixed

45. When determining whether to record an asset as a fixed asset, what two criteria must be met? a. Must be an investment and must be long lived. b. Must be long lived and must use the asset in a productive manner. c. Must be long lived and must be a tangible asset. d. Must be a tangible asset and must be an investment

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