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WAEC Commerce 2012 Objective — Question 10

Question 10 of 50 from the West African Examinations Council (WAEC) Commerce 2012 Objective paper, with the correct answer and a full explanation.

Building and machinery used in the running of a business are examples of

A. current assets
B. intangible assets
C. liquid assets
D. fixed assetsCorrect

Explanation

Fixed assets are assets that are used over a long period of time by businesses.

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