The flame spread rating of a material is determined by subjecting material placed in a horizontal tunnel to a gas flame (Figure 2). A combustible material will be rated as Class A, Class B, or Class C based on its performance in this test.
Dynamics AX 4.0. Fixed assets are items of value owned by an individual or corporation, such as buildings, vehicles, land, and equipment. Fixed assets can be converted to cash. You can set up and enter acquisition information for asset records, and then manage your assets by depreciating them, calculating adjustments, and also disposing of them. When you use General ledger with Fixed assets, you can view the current value of all assets. Some features of Fixed assets are county-specific. You can use Fixed assets with Accounts receivable, Accounts payable, and Inventory management.
Current assets include inventory, while fixed assets include such items as buildings and equipment. Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the market place.n the financial accounting sense of the term, it is not necessary to be able to legally enforce the asset's benefit for qualifying a resource as being an asset, provided the entity can control its use by other means. The accounting equation is the mathematical structure of the balance sheet.