A: Tangible Nature - Property, plant, and equipment (PP&E) are physical assets, meaning they have a physical presence that can be seen and touched, unlike intangible assets such as patents or trademarks.
B: Long-Term Use - PP&E are typically used in the production of goods or services and are intended for long-term use in operations, often lasting for several years, whereas other non-current assets, like investments or goodwill, may not have the same operational lifespan or physical utility.