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Q: What are assets preserved for generating future profit 8letter word s e c r?
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Is inventories considered an asset or liability?

Inventories are those costs the benefits of which has to be taken by company in future time period while payment made already as these are part of future revenue generating activities that's why inventories are assets of company.


What is an economic resource that is expected to be of benefit in the future?

assets


Is an asset a cost that will be matched with revenues in a future accounting period?

Some assets will become costs in a future period such as Inventory and Prepaid Expenses. Fixed Assets will be depreciated in future periods. However, assets such as Cash and Accounts Receivable do not represent future expenses.


Why are inventories considered in a balance sheet?

Inventories are those items which is usable in future for generating business revenue of which payment is made in advance so these are assets for business and that’s why shown under current asset of balance sheet.


What is the difference between outstanding assets and outstanding liabilities?

Outstanding assets are assets that are owed to an individual or business. Outstanding liabilities are debts that ill be incurred in the future.


What are the opportunities for people in the future if people visit antarctica?

Antarctica is a place of natural beauty which needs to be preserved for future generations


what is future of btc in 2024?

Yes, Bright future of digital assets coming in 2024


Why was Famagusta Cyprus never repopulated?

It was preserved for a future settlement (i.e. exchange of land).


What are company assets?

A company's assets can be monetary/non-monetary tangible/intangible objects that it has a legal claim to. Assets can be used in the operations of business, to gain future benefits or to decrease your liabilities.


What are your key assets for this Job?

To become the best constructive script writer in future.


Why are preliminary expenses considered as current assets?

because we get the benifit of such expenses in future


Do you think the mustang horse will be here in the future?

If preserved and conserved like they are now, yes, hopefully.