EMS- Assets

Question 1

Non-current

Answer 1

Long-term

Consists of fixed assets and financial assets.

Question 2

Fixed assets

Answer 2

Tangible assets.
Purchased with Internet of use for more than a year.
Land and building, vehicles and equipment.

Question 3

Financial assets

Answer 3

When there is cash to spare, that money can be invested for a certain period at a fixed interest rate.
Known as fixed deposit or interest.