Which of the following is not true with regard to fixed assets?

1.	Which of the following is not true with regard to fixed assets?
A.	They are acquired for using them in the conduct of business operations
B.	They are not meant for resale to earn profit
C.	They can easily be converted into cash
D.	Depreciation at specified rates is to be charged on most of the fixed assets
Answer» D. Depreciation at specified rates is to be charged on most of the fixed assets

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Which of the following is not true with regard to fixed assets?

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