Question

1. Based on your own understanding explain and give one example of Physical Asset Exposure.

2. Based on your own understanding explain and give one example of Financial Asset Exposure.

3. Based on your own understanding explain and give one example of Human Asset Exposure.

Answer 1

Answer1: Physical assets are thoose assets which can be touch and seen it is known as physical assets.The most common example of such type of assets is, property plant and equipment,inventory of the entity.

Answer:2 Financial assets are thoose assets which is not in physical form these assets usually arise by a contract between two parties. these assets is considered most liquid assets.Example of such assets are, shares,bonds,fixed deposits in bank and other such financial contracts

Answer 3:- Human assets refers to the knowledge,skills,and expereceince of a workforce that is not shown in the financial statement of the organisation. examples of such assets are, health, intelligency,skills and other all such skills thats make a human perfect.