State the definition of a non-current fixed asset and, Finance Basics

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State the definition of a non-current fixed asset and

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

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Finance Basics: State the definition of a non-current fixed asset and

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Finance Basics: State the definition of a non-current fixed asset and

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