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.
Fixed Asset. Definition: A fixed asset is an item with a useful life greater than one reporting period, and which exceeds an entity's minimum capitalization limit. A fixed asset is not purchased with the intent of immediate resale, but rather for productive use within the entity. An inventory item cannot be considered a fixed asset, since it is purchased with the intent of either reselling it directly or incorporating it into a product that is then sold. The following are examples of general categories of fixed assets: 1  Buildings. 2  Computer equipment. 3  Computer software. 4  Furniture and fixtures.