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Which of the following is an example of a non-current asset?

Which of the following is an example of a non-current asset?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Cash
  • B Inventory
  • C Accounts receivable
  • D Machinery
  • E PrepaidEXP#enses
Correct Answer: Option D
Explanation:
Machinery is a non-current asset, as it is used in the business for more than one accounting period.

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