Credit Processing Associate Interview Questions and Answers for Freshers

Fixed assets are long-term tangible assets that a company owns and uses in its operations to generate revenue.

• Fixed assets are not intended for resale and are expected to provide benefits to the company for more than one year.

• Examples of fixed assets include buildings, land, machinery, equipment, and vehicles.

• Fixed assets are recorded on a company's balance sheet and are depreciated over their useful lives.

• Fixed assets are important for a company's financial health as they re...read more