Answer:
The trademark can not be amortized as its life is indefinite
Explanation:
The international accounting standard IAS 38 Intangible assets says that the intangible assets must be amortized over its useful life and if the useful life of an asset is indefinite (Just like land) then the assets must not be amortized. So the amortization charge will be zero.
Answer:
Vanessa’s <u>task-oriented</u> leadership behavior is likely to be <u>ineffective</u> because <u>l</u><u>ow position power</u> <u>neutralizes</u> this leadership behavior.
Explanation:
Vanessa is a newcomer to a company, with less time and acting experience than her staff, so her leadership behavior will be offset by her low position power. This occurs when an employee's hierarchical position does not allow certain actions, so Vanessa's actions would be neutralized and ineffective, having no impact on decision making.
Answer:
The answer is c.$200 paid for tune-up and oil change on delivery truck.
Explanation:
In the question, it is essential to identify whether a money amount paid for the operating/upgrading of fixed asset is recorded as cost or is allowed to be capitalized ( i.e recorded as increment in asset's value).
In general, when a money amount consumed on fixed asset has not been used-up within an accounting period and it is not part of frequent maintenance, for example for improving the quality thus the value of the asset and/or extending its useful life; put the asset to new position required for future production, then the amount should be capitalized to keep the new value of the asset up-to-date.
While cost incurred due to normal course of asset's operation and does not help to improve the asset's value, useful life, should be recorded as cost.
Simplify each term.
2
a
x
+
2
a
y
−
3
b
x
+
3
b
y