Author Topic: Are fixed assets the same as plant assets?  (Read 223 times)

Offline Repon

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Are fixed assets the same as plant assets?
« on: July 09, 2015, 12:56:22 PM »
Are fixed assets the same as plant assets?

I use the term fixed assets to mean the same as plant assets. In other words, I believe that both fixed assets and plant assets refer to the assets reported on the balance sheet as Property, Plant and Equipment.
Senior Lecturer in Accounting
Department of Business Administration
Faculty of Business & Economics
Daffodil International University