Depending on how long you leave the money in the account we are learning this subject now. if you leave it in there years it builds up on its on you don't have to touch it if u need to then its on you but more money can plié into your account its not a bad thing hope this helps.
I think it’s false !! :)) Lmk if it’s right !?!
Answer:
A. Long term U.S. Government bonds
Explanation:
A. Long term U.S. Government bonds
For this case that's the best option since by a general rule when we have a deflation the interest rates tend to decrease. Usually the long term investments have fixed rates and fixed payments that can be accumulated over the time.
B. Real estate
Not a good option since when we have deflation the real state prices tend to decrease as the good and services in order to mantain the sales.
C. Gold
No possible when we have deflation all the prices of good and services tend to decrease and the gold is an example of this. So is not a good option to invest.
D. Large Capitalization stocks
When we have stocks and we have a deflation we will have a depreciation of the stocks since the companies due to the deflation need to cut the prices to mantain the sales and make profits. So this one is not a good option for this case.
Answer:
The correct answer is (C) The buyer's obligation to the seller changes in the event of theft or physical destruction or damage of the product.
Explanation:
Unlike the loss incurred models contained in the existing US GAAP, the CECL model does not specify a threshold for the recognition of the provision for impairment. Moreover, the entity will recognize its estimate of expected credit losses for financial assets at the end of the reporting period. Credit impairment will be recognized as a provision - or against asset - rather than as a direct punishment of the base of the amortized cost of the financial asset. However, the carrying amount of the financial asset deemed uncollectible will be written off in a manner consistent with existing US GAAP.
