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What Are The Checking Methods Of Physical Assets?

2010/11/20 14:04:00 325

Physical Assets Accounting Method Accounting


Because of the difference in form, volume, weight, and way of placing objects, they are adopted.

Check

The method is also wooden.

There are two main types:


1. physical inventory method


The spot check method refers to the quantity or use of inventory at the site of the property and material storage.

Measuring instrument

A way to determine the number of stored data.

This method is accurate and reliable, but the workload is large.

Such as: raw materials, packaging, finished products, inventory commodities, fixed assets and so on.


2. technical calculation method


The technology extrapolation method refers to the use of technical methods to calculate the number of real assets.

Method

It is suitable for inventory of bulk materials such as coal, sand and stone.

This method is not accurate enough, but the workload is small.

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