real asset real asset
financial-current asset
Value of Inventory is an asset on the balance sheet.
yes
Financial
no
Inventory is part of Balance sheet as well as income statement. Inventory is shown as an asset in balance sheet and as an expense when used in income statement.
asset Inventory is a current asset so when the required inventory is utilized the remaining inventory still remain as asset and not become liability. For example inventory of $100 purchase to use for production which is our current asset. when inventory of $90 utilized the remaining $10 is still our current asset while $90 become expense for production of units.
Someone is able to get asset inventory software in several different online and retail locations including the following: BNA Asset Inventory Software, Asset Inventory Plus, and on IM Solutions.
www.investopedia.com Real assets: Physical or identifiable assets such as gold, land, equipment, patents, etc. They are the opposite of a financial asset. Real assets tend to be most desirable during periods of high inflation. Financial assets: An asset that derives value because of a contractual claim. Stocks, bonds, bank deposits, and the like are all examples of financial assets. Unlike land and property--which are tangible, physical assets--financial assets do not necessarily have physical worth.
An it asset management is the set of business practices that join financial, contractual and inventory functions to support life cycle management and to make decision making.
fair and ethics