Fixed Assets Interview Question:

Do you know how many types of fixed assets?

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There are two types of fixed assets tangible and intangible assets.

Tangible assets: A physical asset whose presence can be felt and touched.
Ex. Furniture and Fixtures, Plant and Machinery

Intangible Assets: Assets whose presence cannot be felt or touched.
Ex: Goodwill, patents, trademarks.
Submitted by: Administrator