State the definition of a non-current fixed asset

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1. State the definition of a non-current (fixed) asset and explain why each condition is required.

2. Explain the categories:

(a) tangible non-current (fixed) assets;

(b) intangible non-current (fixed) assets; and

(c) non-current (fixed) asset investments; and give an example of each.

Reference no: EM13947244

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