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Explain Capitalization Of Internal, External Asset? |
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Answer» Asset BECOMES capitalised when it is bought for PROFIT motive, as an INVESTMENT, and most important : when it is used. Asset available WITHIN an organisation - INTERNAL Asset. Asset where they are present physically out of organisation - External Asset. Asset becomes capitalised when it is bought for profit motive, as an investment, and most important : when it is used. Asset available within an organisation - Internal Asset. Asset where they are present physically out of organisation - External Asset. |
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