Question

Plant assets include:

A. Land
B. Land improvements
C. Buildings
D. Machinery and equipment
E. All of the above

Answer 1

Plant assets include land, land improvements, buildings, and machinery and equipment. These assets are used by businesses to produce goods or provide services.

Step-by-step explanation:

Plant assets include land, land improvements, buildings, and machinery and equipment. These are all physical assets that are used by businesses to produce goods or provide services. Land is the physical land itself, while land improvements refer to any enhancements made to the land, such as adding irrigation systems. Buildings are structures that are used for business operations, and machinery and equipment are the tools and machinery used in the production process.