The FASAB has established three categories of property, plant, and equipment: general property, plant, and equipment, heritage assets, and stewardship land.

Name: The FASAB has established three categories of property, plant, and equipment: general property, plant, and equipment, heritage assets, and stewardship land.
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FASAB SFFAS No. 6, "Accounting for Property, Plant, and Equipment," as amended, establishes three categories of PP&E: general PP&E, heritage assets, and stewardship land.

The FASAB Has Established Three Categories of Property, Plant, and Equipment