Answer:
Systematic risk.
Explanation:
Systematic risk corresponds to the risk of the financial market as a whole. In other words, it is the risk that affects the economy and it is difficult to predict and prevent it from occurring. As an example, a risk of bankruptcy of financial institutions and banks can be mentioned.
This systemic risk therefore affects the expected return on an investment.
Because sometimes the check written after the statement closing dates.
Lets say a company do a closing statement on December 26.
A check written between that date until the end of period ( December 26 - December 31), that transaction simply won't appear on the book because the company already closed the statement on December 26
Answer:
Nonprofit organisation
Explanation:
A nonprofit organisation is also known as nonbusiness entity is dedicated to promoting a social cause by taking surplus in the society to further a particular objective. Nonprofit organisations are usually exempt from tax for the contributions they receive.
There are not accountable to shareholders but rather to donors, volunteers, program recipients, and the community at large.
Answer:
a. The depreciable cost is $72000.
b. The depreciation rate is $0.36 per mile.
c. The depreciation expense for the year is $6480.
Explanation:
a.
The depreciable cost is the cost that is eligible for depreciation. It is calculated by deducting the residual value from the cost of the asset.
Depreciable cost = Cost - residual value
Depreciable cost = 80000 - 8000 = $72000
b.
The depreciation rate can be calculated by dividing the depreciable cost by the total estimated useful life of the asset.
The depreciable rate = 72000 / 200000 = $0.36 per mile driven
c.
The units of activity depreciation for the year is,
Depreciation expense = 0.36 * 18000 = $6480
Answer:
A. IFRS, tangible assets are tested only when factors suggest impairment.
Explanation:
The tested of the tangible assets would be based on some kind of changes that are change in the market value, chnage in the technology, rise or reduction in the rate of interest in the market etc
In addition to this, the intangible assets such as goodwill would be testes on annually basis
Therefore the first option is correct
