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What Is Asset Class? |
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Answer» The Asset class is the MAIN criteria for classifying assets. EVERY asset must be ASSIGNED to any one class.The asset class is nothing but a GROUP of asset. For example of Asset classes are PLANT & Machinery, Furniture & Fixtures, Computer etc. The Asset class is the main criteria for classifying assets. Every asset must be assigned to any one class.The asset class is nothing but a group of asset. For example of Asset classes are Plant & Machinery, Furniture & Fixtures, Computer etc. |
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