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The GFEBS provides the Army with financial information across its operations. It integrated six functional business areas. These Ares include fund management, spending chain, cost management, financials, reimburseables, and property, plant, and equipment.
The GFEBS provides the Army with financial information across its operations. It integrated six functional business areas. These Ares include fund management, spending chain, cost management, financials, reimburseables, and property, plant, and equipment.
The GFEBS provides the Army with financial information across its operations. It integrated six functional business areas. These Ares include fund management, spending chain, cost management, financials, reimburseables, and property, plant, and equipment.
The GFEBS provides the Army with financial information across its operations. It integrated six functional business areas. These Ares include fund management, spending chain, cost management, financials, reimburseables, and property, plant, and equipment.
TRUE
IAS - 16 Property, Plant and Equipment deals with matters governing of property and equipment.
Property, plant, and equipment
property, plant and equipment
Property, Plant, and Equipment (PPE) are items that are vital to a business operation. Usually these assets cannot be liquidated quickly. Such items would be the property the building is on, the building, and machinery used in production. Furniture, fixtures, and Equipment (FFE) are things that are not attached to the building. Examples of such items are desks, lighting fixtures, and computers.
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Never, land is a fixed asset that is listed under Property, Plant and Equipment or PP&E, but is never listed as a current asset.NO, land is not considered a current asset as typically it is not easily liquidated into cash. Land goes under the PP&E section of the balance sheet, hence the term Property, Plant, & Equipment and is classified as a long-term asset.
Real Property, Asset Accounting, and Plant Maintenance all include the above.