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Arisa [49]
3 years ago
13

Q 9.1: When can interest be included in the acquisition cost of a plant asset?A : during the construction period of a self-const

ructed asset B : when the asset is purchased on credit C : when the asset acquisition is financed by a long-term note payable D : when it is a part of a lump-sum purchase
Business
2 answers:
Nookie1986 [14]3 years ago
8 0

Answer:

A : during the construction period of a self-constructed asset

Explanation:

The only interest that will be included in cost of an asset is called Borrowing Cost.Borrowing Costs are included in the cost of an Asset in terms of IAS16. Borrowing Costs are incurred during the construction period of a self-constructed asset.

MA_775_DIABLO [31]3 years ago
7 0

Answer: A during the construction period of a self-constructed asset.

Explanation: Self constructed asset is a term used in financial accounting, it refers to those built by a company and it appears in its balance sheet . Self constructed asset cost would include the direct cost in labor and material associated with its construction.

Interest can be included in the acquisition cost of a plant asset "during the construction period of self constructed asset "

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Tangerine Tangerine ink Target capital structure is 20% debtthe following information about sleep please Corporation a company h
Tasya [4]

16% is the answer.

<u>Explanation:</u>

<u>The following is used in order to calculate the cost of the retained earnings. </u>

The Calculation of cost of retained earnings by using bond yield plus the risk premium method

= Long term bond yield + the risk premium

The Long term bond yield = 12 percent

The risk premium = 4 percent

Cost of retained earnings = 12 percent plus 4 percent = 16 %

Therefore, the correct option will be with the 16 percent .

7 0
3 years ago
________ is a field of study that investigates the impact that individuals, groups, and structure have on behavior within organi
Mice21 [21]

Answer:

The answer is a. Organizational behavior

Explanation:

Organizational behavior simply put, is the academic study of how a group of people act within an organization. The results are then utilized to make the organization operate more effectively.

Organizational behavior studies can cover areas such as job performance, job satisfaction, innovations, and leadership within an organization. The goal is simply to see how these areas can be improved, which will then lead to organizational growth.

Organizational behavior is therefore proactive in nature and serves to improve the situations for a person, group of persons, or organization.  

7 0
3 years ago
Distinguish between positive and negative confirmations. Under what circumstances would positive confirmations be more appropria
Serhud [2]

Negative confirmation is more frequently employed when the records of the person or business are usually thought to be quite accurate.

<h3>What is the difference between negative and positive confirmations?</h3>

Only when the customer disagrees with the amount owed to the client is a negative confirmation requested. When an account has substantial individual balances or when errors are anticipated due to a high control risk, positive confirmations are typically used.

Negative confirmation is more frequently employed when the records of the person or business are usually thought to be quite accurate. The corporation that receives a negative confirmation is typically thought to have strict internal policies and business procedures. As a result, since auditors typically only need to send out one letter, negative confirmation is far less expensive and time-consuming for them.

Positive confirmation requests, on the other hand, are more complicated since financial documents must be provided, even if the information in the original letter was accurate. Additionally, if there are doubts about the accuracy of the company's books, positive confirmation requests are more likely to be used.

However, because it is more precise and makes sure that everyone is on the same page—or has the same financial information—a positive confirmation letter is more typical in complex transactions. For instance, auditors in lending employ affirmative confirmations from banks and businesses to determine the precise amount of a loan.

Because it is a specific request that the recipient has responded to, a positive confirmation typically represents the financial information better than a negative confirmation. A positive confirmation is tangible proof that the information was confirmed in the event of a disagreement.

To learn more about negative and positive confirmations refer to:

brainly.com/question/15908185

#SPJ4

7 0
1 year ago
Castillo​ Corporation, a​ manufacturer, reports costs for the year as​ follows: Direct Materials Used $ 375 comma 000 Wages to L
Sav [38]

Answer:

Period cost is Office rentals and Indirect material used

Explanation:

The reason is that the office rentals are not associated with the production and has much more association with the time. The passage of time increases the rental cost which means it is a period cost. Likewise, the indirect material cost incurred is also not associated with the production and has more association with the period. Example includes the safety material used in the warehouse or cleaning material used in the accounting department or production department means that the expense is period related.

Total Period cost = $29,000 Office rentals + $320,000 Indirect material

Total Period cost = $349,000

8 0
3 years ago
On December 31, 2019, Oriole Inc. borrowed $3,240,000 at 13% payable annually to finance the construction of a new building. In
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2 years ago
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