Question: Natural resources are: Multiple Choice Consumable assets such standing timber, mineral deposits, and oil and gas fields. Tangible assets used in the operations of the

Natural resources are: Multiple Choice Consumable assets such standing timber, mineral

Natural resources are: Multiple Choice Consumable assets such standing timber, mineral deposits, and oil and gas fields. Tangible assets used in the operations of the business. Current assets because they are depleted. Not subject to allocation to expense over their useful lives. Depleted using a straight-line method

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