Which is not included in the group?Select one:a.Landb.Buildingc.Equipmentd.Marketable Securities
Question
Which is not included in the group?
Select one:
- a. Land
- b. Building
- c. Equipment
- d. Marketable Securities
Solution
Break Down the Problem
- Identify the items listed in the options: a) Land, b) Building, c) Equipment, d) Marketable Securities.
- Determine the common characteristics of the first three items and contrast them with the fourth.
Relevant Concepts
- Understand that Land, Building, and Equipment are types of tangible assets involved in physical operations or real estate. Marketable Securities, however, are financial instruments.
Analysis and Detail
-
- Tangible Assets: Land, Building, and Equipment are all classified as tangible assets since they represent physical property.
- Financial Instruments: Marketable Securities are classified as intangible assets, as they are investments that can be quickly converted into cash.
Verify and Summarize
- The group forms based on asset types, and since Marketable Securities do not fit the same category as the other three, this makes it the odd item out.
Final Answer
The item that is not included in the group is d. Marketable Securities.
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