The University of Virginia Medical Simulation Center is a state-of-the art multidisciplinary training and research facility. As a cornerstone of The Universityâs technologically enhanced learner-centered approach to medical education, the center complements traditional teaching modes with the application of knowledge and skills through experiential learning for the UME, GME, and community populations.
Definition: A capital asset is property that is expected to generate value over a long period of time. Capital assets form the productive base of an organization. Examples of capital assets are buildings, computer equipment, machinery, and vehicles.
In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash. The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. One can classify assets into