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2 years ago

The cost of a plant asset includes the following? depreciation expense disposal cost purchase price cost to prepare it for use

1 answer:

4 0

TRUE, the cost of a plant asset includes depreciation expense disposal cost purchase price cost to prepare it for use.

The monetary value of an asset decreases over the years because of use, wear and tear or obsolescence. This lower is measured as depreciation. Description: Depreciation, i.e. a lower in an asset's cost, can be as a result of some of other factors as nicely including detrimental market conditions, and so on.

Depreciation represents the predicted discount in cost of a hard and fast property within a fiscal yr. Tangible belongings, along with homes, systems, cars and so forth, are purchased in massive lump sums.

An example of Depreciation – If a shipping truck is purchased by using a business enterprise with a fee of Rs. 100,000 and the expected usage of the truck are five years, the commercial enterprise may depreciate the asset under depreciation cost as Rs. 20,000 every 12 months for a duration of 5 years.

Learn more about depreciation here:brainly.com/question/1203926
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Which statement regarding strategies is true?

Iteru [2.4K]

"C. Strategies facilitate objectives" This is true because there's a series of objectives that must be completed within any strategy, and the other options can be true however not for every strategy.

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4 years ago

Historically, coins and paper money complicated the exchange process. a. True b. False

Salsk061 [2.6K]

False. They made it easier.

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3 years ago

"Ethan knows that when he graduates from college and begins looking for a job, he will need to make his resume stand out from al

kakasveta [241]

Answer:

Communicating value

Explanation:

Communicating value involves showing others what makes one's product or skills different and better than others that are available.

What value means to stakeholders in a situation needs to be defined.

Focus is then given to how the skill or product can meet these unique needs.

Also one needs to understand the most effective platform to use in communicating value.

In this instance Ethan wants to make his resume stand out from all the other resumes that the company receives in order to be selected for an interview

He is communicating the value he can add to the company.

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3 years ago

Yellow Co. spent $12,000,000 during the current year developing its new software package. Of this amount, $4,000,000 was spent b

earnstyle [38]

Answer:

devopment expense 4,000,000

software package depreicaiton expense 2,000,000

training employees expense 50,000

Total expenses 6,050,000

Explanation:

the cost before the knowledge of future benefit will come for the development of the software is treated as expense. The reasoning behind this is the potential uncertainty about the furture at this time. The company didn't know about the likelihood of future benefits.

The toher 8,000,000 million will be amortize over a 4-year period:

8,000,000 / 4 = 2,000,000 depreciation expense

The training wil be considered expense for the period.

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4 years ago

Explain in detail how Boulders Mall's management may have used media relations as a public relations tool to try to resolve cont

Arada [10]

Explanation:

The management of Boulders Mall made use of the media to offer an apology for what happened in the shopping center, making it clear that there was not actually an act of discrimination due to the way the man dressed in traditional Ndebele clothes dressed and clarifying that in no case At the time, man was discriminated against because of his culture or his traditions.

This was a public way of "calming" the controversies and upsets that could have been generated in many people, because we must remember that this type of action can generate rejection by the community towards the shopping center and generate great economic losses.

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3 years ago