Question

Which of the following statements is true of fixtures? Multiple Choice When an item is of little value except for use with certain real property, it is likely to be considered a fixture even if it is unattached. One who provides fixtures to real property without a request to that effect from the owner is entitled to compensation from the owner. Personal property that may be removed with little injury to the property is likely to be considered a fixture. Actual physical attachment to real property is necessary for an item to be considered a fixture.

          Which of the following statements is true of fixtures?
Multiple Choice
When an item is of little value except for use with certain real property, it is likely to be considered a fixture even if it is unattached.
One who provides fixtures to real property without a request to that effect from the owner is entitled to compensation from the owner.
Personal property that may be removed with little injury to the property is likely to be considered a fixture.
Actual physical attachment to real property is necessary for an item to be considered a fixture.

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which of the following statements is true of fixtures multiple choice when an item is of little value except for use with certain real property it is likely to be considered a fixture even i 91307

Added by Alexander S.

Horngren’s Cost Accounting

Srikant M. Datar, Madhav V. Rajan 16th Edition

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Solved by Expert Ma Ednelyn Lim

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When an item is of little value except for use with certain real property, it is likely to be considered a fixture even if it is unattached. This statement is false. Generally, fixtures are items that are physically attached to real property and cannot be easily Show more…

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Which of the following statements is true of fixtures? Multiple Choice When an item is of little value except for use with certain real property, it is likely to be considered a fixture even if it is unattached. One who provides fixtures to real property without a request to that effect from the owner is entitled to compensation from the owner. Personal property that may be removed with little injury to the property is likely to be considered a fixture. Actual physical attachment to real property is necessary for an item to be considered a fixture.

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