Assets are categorized by the capacity in which they benefit the company.

Name: Assets are categorized by the capacity in which they benefit the company.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

Assets can be categorized into different groups based on their function and the benefits they provide to the company. These categories include current assets, fixed assets, intangible assets, and others. Each type of asset provides a different benefit to the company, and they are categorized accordingly.

Assets Are Categorized by the Capacity in Which They Benefit