_______ is a possesion of of a bsuiness entity that has monetary value
The answer is Assets.
The business owns the assets and the assets have monetary value. The assets are current assets like cash, inventory etc and fixed assets like equipment, building etc.
If any doubt please comment.
_______ is a possesion of of a bsuiness entity that has monetary value
The writing down of inventory to market follows the O monetary unit assumption. Oeconomic entity assumption. time period assumption. O conservatism constraint.
GDP is the Multiple Cholce national income minus all nonincome charges against output monetary value of all economic resources used in producing a year's output monetary value of all goods and services, final and intermediate, produced in a specific year. monetary value of all final goods and services produced within the borders of a nation in a particular year Prev 17 of 50 Next > GDP is the Multiple Choice national income minus all nonincome charges against output monetary value...
Entity A enters into a construction contract (Contract C) with Entity B to build a factory for $2,860,000 on 1 April 2020. To encourage completion on time, Entity B agreed to pay a performance bonus of $180,000 that would be paid based on the actual completion time. The amount of the performance bonus decreases by 8.00% per week for every week if the completion date beyond the agreed completion date. The requirements of the contract are similar to the contracts...
The monetary value charged fo customers for the performance of services sold is called an
34 Kim contributes land (basis of $190,000; fair market value of $250,000) to a business entity in exchange for 100% of the stock. During the first year of operation, the entity earns a profit of $75,000. At the end of the first year, the entity has outstanding liabilities of $30,000 ($20,000 recourse and $10,000 nonrecourse). Select from the following: a.If the entity is an S corporation, Kim's basis for her stock at the end of the first year is $345,000...
3. Financial instruments Financial instruments are assets that have a monetary value or record a monetary transaction. To coordinate the exchange of capital between borrowers and lenders, financial instruments trade in the financial markets. These financial instruments can be categorized on the basis of their issuers, maturity, risk, and other factors. Identify the financial instruments based on the following descriptions.Issued by nonfederal government entities, these financial instruments are debt securities that fund their capital expenditures. They are exempt from most taxes imposed...
12) Which of the following is an entity of the Federal Reserve System? A) The U.S. Treasury Secretary B) The FOMC C) The Comptroller of the Currency D) The FDIC 13) The Federal Reserve Banks are institutions since they are owned by the A) quasi-public; private commercial banks in the district where the Reserve Bank is located B) public; private commercial banks in the district where the Reserve Bank is located C) quasi-public; U.S. Treasury D) public; U.S. Treasury 14)...
The business entity concept means that the owner is part of the business entity an entity is organized according to state or federal statutes an entity is organized according to the rules set by the FASB the entity is an individual economic unit for which data are recorded analyze
An exit value is the amount the entity would pay to acquire an asset. 2. True or False 00:56:40 True False
a) Find the expected monetary value for each of the alternatives (subcontract, expand, and build) b) Determine the alternative that should be selected in order to maximize the expected monetary value rur uount Kubota US $1.0% Do nothing 1.3 $1.3 $1.5 $16k $1.8 Do nothing Do nothing $0.7 Other use #1 $1.5 Expand Medium demand (5) $1.6 Do nothing $1.6 Subcontract $1.5 $1.7 Do nothing $0.9 $1.4 $1.0 $1.0 $1.1 Other use #1 Small demand (.4) Do nothing nd (5)...