If you drink a large (250ml) glass of wine, your body takes about three hours to break down the alcohol. If you drink one pint of beer, your body takes about two hours to break it down. One pint of strong lager is equivalent to three units, so this will take longer.
General Asset Differences. As a current asset, inventory is different from long-term assets in that it is typically acquired and sold within twelve months. Accounts receivable, cash and other marketable securities are other examples of current assets.
Expenses represent a deduction from revenue recorded in the calculation of net earnings for the period. If the company is buying and selling investments using their excess cash, realized losses would be called an expense. If a profit was made, it would be called other income.. The systematic write off of long-lived assets (also called fixed asset) is called depreciation or amortization expense.