Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / satish kumar.k
Fixed Assets are acquired for use over long
periods for carrying on the operations of the firm and they
are ordinarily not meant for resale.
Eg-: Land, Building, Plant, Machinery.
Current Assets are which have high liquidity within the
operating cycle of the firm. Current Assets are usually
held for a short period of time as against fixed assets
which are held for longer period of time.
Eg-: Cash, Debtors, Inventories and Pre-paid expenses.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
Classify Company With Respect to Liability?
Can you please give me NCFM DP module question papers other than the questions in nseindia.com?
What is 'asset duty'?
What do you mean by term Usury?
How far are the different government schemes useful to the poor?
Tell something about BASEL III Norms?
What do you understand by Securities market?
Explain About Openpages?
Comment on Demonetization?
What do you mean by National Rural Employment Guarantee Act (NREGA)?
What are the different types of trading that exist?
What is Issued Capital?
How many types of organizations we can establish in India?
Name of the companies listed in sensex ?
What is 'overseas banking'?
