Long Term Assets: What type and how are they controlled?
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1) What types of long-term assets do you have at your organization?
2) Does your organization conduct periodic inventories of its long-term assets?
© BrainMass Inc. brainmass.com December 16, 2022, 7:11 am ad1c9bdddfhttps://brainmass.com/business/accounting/long-term-assets-type-controlled-389897
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1) What types of long-term assets do you have at your organization?
Long term assets can be described as items which will be utilized for more than a year. In the case of a health care facility such as a hospital some long term assets may be the beds, x-ray machines and ...
Solution Summary
The expert determines what types and how long term assets are controlled.
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