Asset Accountability Unit
From Knowledge base
Asset accountability unit means a tangible capital asset which is a component of plant and equipment that is capitalized when acquired or whose replacement is capitalized when the unit is removed, transferred, sold, abandoned, demolished, or otherwise disposed of.[1]
Links
CAS 404 - Capitalization of Tangible Assets
References and Notes
- ↑ Volume 7, Section 9904.404-30 Definitions of Title 48 - Federal Acquisition Regulation, 10-1-2001
