Interested to Buy Any Domain ? << Click Here >> for more details...
What is the Difference between Current Assets and Fixed
Assets and how would you classified it
- 19 Answers
- 105312 Views
- GET Engineering Construction, I also Faced
- E-Mail Answers
Answer Posted / inyene favour
current assests are flexible and a slight or no fall in
value. that is current assets are easily converted into cach
without a significant fall in value and very vital in any
financial operation e.g cash at hand,cash at bank,bonds
andother bills.
while on the other hand,fixed assets are inflexible meaning
are not easily converted for cash and usually serve as long
term assets that is have a long live spand. e.g
machinaries,structures etc.
they are both simmilar in that they are needed for the day
to day runiing oof the buz.
and their differencies is that current assats are more
liquid than fixed assets.
| Is This Answer Correct ? | 1 Yes | 3 No |
Post New Answer View All Answers
What are intangible assets?
for how much loan a borrower has to submit QIS
What are the essential of internal audit?
What are the basic principles of an internal audit controlsystem?
What is CARO 2003? What do you mean by management audit?
What is the mean of statutory audit?
Explain different functions of internal audit?
is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me
What is an internal audit?
Why you want to be a auditor?
what is the steel consumption per sq ft for ground plus 12 floors
how to prepare the internal audit sheet ? explain me with example. (take example of LOGISTICS& SUPPLYCHAIN MANGEMENT COMPANY)
What is audit control procedure?
i have to finalize a mineral water co. for the year 2014-15 and i want to know that what will be rate of excise duty on sale of mineral water.
Explain tangible assets?
