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BoolQ / are fixed assets and non current assets the same

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are fixed assets and non current assets the same
passage · full text (616 characters)
Moreover, a fixed/non-current asset can also be defined as an asset not directly sold to a firm's consumers/end-users. As an example, a baking firm's current assets would be its inventory (in this case, flour, yeast, etc.), the value of sales owed to the firm via credit (i.e. debtors or accounts receivable), cash held in the bank, etc. Its non-current assets would be the oven used to bake bread, motor vehicles used to transport deliveries, cash registers used to handle cash payments, etc. While these non-current assets have value, they are not directly sold to consumers and cannot be easily converted to cash.

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Source and history

task_id
341a76b0-ab90-5e15-9d41-1edef5e8e47d
task_key
default--validation--341a76b0-ab90-5e15-9d41-1edef5e8e47d
task_revision_id
1
config / split
default / validation

Official source

initial import