[Audio] Hello there! Welcome to Fixed Assets. By now you must be aware of the definition of fixed assets, so let us directly dive into the Life Cycle of a fixed asset.
[Audio] The life cycle is simple, as shown in the chart above, but it is important to know them in detail..
Planning.
[Audio] If you wish to buy a computer, you will certainly make an analysis of why you need it, the specifications required and also the budget..