Answer:
It is True that potential investors, in analyzing the profit potential for a distressed property, generally consider a financial framework including the acquisition phase, the holding period phase and the disposition phase
Explanation:
Acquisition is the process of gaining ownership or control of a real estate. It is usually sold by brokers to investors.
In the case of distressed property, there is always a holding period
Holding periods are usually targeted at 2-5 years, during which the asset that has been acquired is renovated.
The end of the holding period transitions to the beginning of the disposition phase.
During the disposition phase, the real estate which could be a distressed building is being disposed or handed over to the owners. At this phase, complete documentation is done and handed to both parties to endorse.
A comprehensive financial framework detailing all the expenditure across the acquisition phase, holding period and the disposition phase must be in place in order to get an accurate calculation of expenditure data to used in analyzing the profit potential of a property.
Answer:
Excess reserves
Explanation:
Money supply in the economy is regulated by the central bank of Federal Reserve through various methods.
One of them is the use of reserve ratio.
Reserve ratio is the percentage of total deposit in a bank that commercial banks are required to keep aside and not use.
If there is no excess reserves and the Fed lowers required reserve ratio, it means banks will now have more money they can use to service customers.
The excess excess of the reserve can now the used to give out loans
Answer:
c. auditors and financial statement users.
Explanation:
This is because, the auditors and the financial statement users tends to have different views on what their responsibilities are. Since their views differs, their tend to be a gap which occurs. <em>This gap is called audit expectation gap. This could be minimized through self regulating auditing of the financial statement before the final auditing by auditors.</em>
That is false, he took a lot more time trying to find India and instead found America
Answer:
The correct word for the blank space is: specific job; process.
Explanation:
The cost object represents the cost of an object or department for which that cost is assigned. For instance, the repairs department of a dealership is a cost object of the repairs employees and the repair supplies. Cost objects are usually traceable thus are treated as direct costs for accounting purposes.
Then, <em>the cost object of a job order is the specific job assigned</em>; <em>while the cost object of a process costing system is the process </em>itself.
