Answer:
C. The cost of plant and equipment is allocated to expense over its useful life.
Explanation:
Depreciation is defined as the fall in value of an asset; how an asset value declines or falls overtime. Causes of depreciation are wear and tear, obsolescence etc.
Depreciation is also a process, where the cost of assets(plants, equipments and machineries) are allocated to expense over their useful life. It is computed as ; cost minus scrap value divided by lifetime [ (Cost - Scrap value)] /life time
Answer:
(D) estoppel.
Explanation:
According to my research on Real Estate documentation, I can say that based on the information provided within the question the doctrine that may prevent the grantor from succeeding in reclaiming the property is called an estoppel. This is a legal document that prevents someone from arguing something against a previously made claim or act performed by that person previously.
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The purpose of financial accounting is to provide information that helps with the assessment of a firm's financial history and current performance. Financial accounting includes income statements, balance sheets, and statements of cash flows.
One would assume that the answer is “Job”
The manager is likely using a graphic rating scale when
assessing his employees. The graphic rating scale is a way of having to rate
the traits of an individual and a way of having to quantify the behaviors of
the individuals that are employed.