Answer:
An adjustment factor is determined by the 'Valuer-General'
Explanation:
adjustment Factors are resolved for all properties inside a civil territory. The Valuer-General may decide Alteration Factors for characterized classes of property on a district, territory, or group of localities basis within a premise inside a city territory. These are applied to government valuations currently in force.
In occurrences where a revaluation is being completed inside a metropolitan region, utilization of Adjustment Factors won't be fundamental as the revaluation itself will be utilized by the applicable experts in the figuring of rates and expenses.
Answer:
Explanation:
Had to use microsoft word in other to be able to arrange the solution properly. And i hope it helps you. Thank you
Answer:
Accrual basis of accounting
Explanation:
Accruals basis accounting (accruals accounting, the matching concept) depicts the effects of transactions and other events and circumstances on a reporting entity’s economic resources and claims in the periods in which those effects occur, even if the resulting cash receipts or payments occur in a different period.
Revenue from sales and other income should be reported in the period when the income arises (which might not be the same as the period when the cash is received from the customer / client).
Based on the above discussion it can be concluded that the Portie's practice is an example of accrual basis of accounting.
Answer:
b. Operating activities
Explanation:
As we know that there are two methods of cash flow statement. The one method is direct method and the other one is indirect method
Also the financing activities and the investing activities should be same calculated under both the methods
But the operating activities would be calculated differently under both the methods
In the direct method, the cash receipts and cash payment would be adjusted while an indirect method, the changes in working capital would be adjusted
Therefore the option b is correct