Genetic counseling is the process of helping people understand and adapt to the medical, psychological and familial implications of genetic contributions to disease. This process integrates:1  Interpretation of family and medical histories to assess the chance of disease occurrence or recurrence.enetic counseling is the process of helping people understand and adapt to the medical, psychological and familial implications of genetic contributions to disease. This process integrates:
Fixed asset. Fixed assets, also known as tangible assets or property, plant, and equipment (PP&E), is a term used in accounting for assets and property that cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts, which are described as liquid assets.
A fixed asset is an accounting term used to represent a long-term asset a firm purchases and uses for its production of goods, services or both. A fixed asset is generally considered a tangible asset and often referred to as property or equipment on a balance sheet. Fixed tangible assets have a useful life greater than one year. They are not readily liquid and cannot be easily converted into cash. They are not sold or consumed by a firm; instead, the asset is used to produce goods and services. Fixed tangible assets must have physical existence. Examples of fixed tangible assets include buildings, machinery, equipment, land and furniture. Examples of fixed intangible assets include trademarks, patents and copyrights. Fixed tangible assets can be depreciated over time to reduce the recorded cost for the asset.