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Dear Mike,
I hope my question is not silly but I would like to know what does PPE stand for on Chapter 23 Property, Plant and equipment. Thank you in advance for the clarification.
Cheers,
Miguel
Well, in your question, if you had spelt “equipment” with a capital (upper case) letter then you would have had “Property, Plant and Equipment”
Next step ….. which words in the last 4 words in the line above have capital letters? Property does. So does Plant as also does Equipment
So, Property, Plant and Equipement.
Now, instead of writing these out over and over again, I think I shall abbreviate them to PPE
Ok? 🙂
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