Explain how the costs associated with operating assets are reported on the balance sheet
Tangible plant assets and natural resources are reported on the balance sheet as plant and equipment. Plant assets are shown at cost, along with accumulated depreciation. Intangible assets are reported in a separate asset section called Intangible Assets and are reported net of amortization since inception. A separate accumulated amortization account is not necessary with intangibles.
You might also like to view...
Service ________ means that the quality of services depends on who provides them as well as when, where, and how they are provided
A) intangibility B) inseparability C) variability D) perishability E) heterogeneity
Which of the following characterizes indirect exporting?
A) It requires more investment than joint venturing. B) It requires an overseas marketing organization or network. C) It involves less risk and investment than other entry methods. D) The potential returns are greater than direct exporting. E) It involves joining with foreign companies to produce or market products or services.
Seven students have applied for merit scholarships. This year 3 merit scholarships were awarded. If a random sample of 3 applications (from the population of 7) is selected, a.what is the probability that 2 students were recipients of scholarships?b.what is the probability that no students were the recipients of scholarship?
What will be an ideal response?
Describe each of the four phases of the Plan-Do-Check-Act process in a behaviour change.
What will be an ideal response?