👉 In the context of accounting, a non-operational asset is an asset that has no operational value. This means it is not used for its intended purpose and therefore cannot be utilized in any way to generate revenue or pay for expenses. Non-operational assets can include equipment, inventory, accounts receivable, and other tangible property. They are typically categorized as "non-operational" because they do not have an immediate impact on the financial statements of a company. In accounting terminology, non-operational assets
