non-current asset |
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Definition 1
Asset that is not to be converted to cash within 12 months of the balance sheet date.
Definition 2
Resource that is not expected to be consumed or sold within the normal operating cycle of a firm, such as equipment, machinery, and plant.
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non-current asset is in the Accounting & Auditing subject.
non-current asset appears in the definitions of the following terms: deferred charge, deferred income tax charge, cash flows from investing activities and working capital
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