Ace the CPRP Exam 2025 – Dive into Recreation Excellence!

The correct answer identifies the three types of fixed asset inventories as Real Estate, Capital Items, and Special Assets.

Real Estate refers to land and buildings owned by an organization, representing a significant investment that usually appreciates in value over time. Capital Items are tangible assets used in operations and have a long-term utility, such as vehicles, machinery, and equipment. Special Assets encompass unique or specialized resources that may not fall under standard categories but are essential for specific functions of the organization, such as art collections or specialized facilities.

These categories provide a comprehensive view of an organization's fixed assets, which are crucial for financial reporting, investment decisions, and strategic planning. Understanding these asset types is essential for effective asset management and resource allocation within a park and recreation department or any organization.

In contrast, the other options include combinations or categories that do not accurately depict the typical classifications used for fixed asset inventories.