Examlex

Solved

Write the Correct Meaning for ABGs

question 92

Short Answer

Write the correct meaning for ABGs:


Definitions:

Disposal

Refers to the process of discarding, selling, or removing an asset from the company's records.

Property, Plant and Equipment

Long-term tangible assets held for business use and not expected to be converted into cash in the upcoming fiscal year.

Land Held

Real estate owned by a person or entity, typically recorded as an asset on the balance sheet.

Corporate Headquarters

The main office or central administration location of a company where key managerial functions are coordinated.

Related Questions