Asset life cycle

What is Asset life cycle?

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alaaja83

  • Mar 21st, 2010
 

Asset life cycle means the cycle in which the asset can provide or help provide future economic benefits. Each asset has a specific life cycle, it can be measured by evaluating the asset itself.

huzefa

  • Aug 8th, 2011
 

The FA cycle is -
1. Procurement
2. Deployment
3. Usage / Consumption
4. Upgradation
5. Disposal.

These are the stages of a Fixed asset.

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