The correct answer is C. Fixed asset.
A fixed asset is a tangible asset that is used in the production or supply of goods or services, for rental to others, or for administrative purposes and that is expected to be held for more than one year. Fixed assets are typically depreciated over their useful life.
Intangible assets are non-physical assets that have value because of the rights or privileges they convey to their owner. Examples of intangible assets include patents, trademarks, copyrights, goodwill, and customer lists.
Current assets are assets that are expected to be converted into cash or used up within one year. Examples of current assets include cash, accounts receivable, inventory, and short-term investments.
Depreciable assets are assets that lose value over time due to wear and tear or obsolescence. Examples of depreciable assets include buildings, equipment, and vehicles.
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