What are the INGO's assets in terms of fixed and general assets?

Q: What are the INGO's assets in terms of fixed and general assets?

Assets are individual items of property owned and used by a person or organization for an extended period. Common assets in INGOs include vehicles, furniture, office equipment, computers, fixtures, and fittings.

In INGOs, there are two types of assets

1. Fixed Assets:  Fixed assets are considered based on value such as $5000 and above, which are the main assets by organizations and are given high importance. for example (Vehicles, big data servers,s, etc.) 

2. General Assets: General/Common assets, also known as Inventory, refers to durable products, such as office equipment and furniture. It takes into account their lifespan and price. It is important to consider these factors when assessing the value of these products.