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3 years ago

Which term describes the reduction in an asset’s value over its lifespan?

Business

1 answer:

Verizon [17]3 years ago

5 0

Answer:

Depreciation / Amortization

Explanation:

Depreciation is an accounting concept that describes the process of allocating the cost of an asset over its meaningful life. Assets require a substantial amount of capital investments. Expensing the entire cost of an asset in one financial year is against the income and expense matching principle.

The business spreads the cost of the asset in each year that the asset is expected to generate revenue. The cost of the asset is divided equally with the number of its useful years. At the end of each year, the depreciation amount is charged to the profit and loss statement of the business.

Depreciation is the term used for tangible assets, while amortization is used for intangible assets. The two operate on the same concept.

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The difference between flow shops and job shops is that unlike flow shops, job shops require frequent machine changeovers and delays.

The shops, which specialize and are involved in the manufacturing and production processes, which are typically medium-sized enterprise, and conduct different types of job after the completion of one, are job shops.

Hence, option C holds true regarding a job shop.

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2 years ago

Oald writes a check for $700 to savannah. savannah indorses the check in blank and transfers it to twitchell, who alters the che

sergij07 [2.7K]

Answer:

$6,300

Explanation:

Rolad can recover the fraudulent amount minus the amount of the real check.

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3 years ago

Harry owes the bank money. To repay his debt, he paid \$150$150dollar sign, 150 back to the bank each month. After 101010 months

Firdavs [7]

Answer: $8,400

Explanation:

Given the following:

Amount repaid each month = $150

Number of Periods for which amount was paid = 10 months

Amount left after 10 months payment = $6900

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Amount left = $6900

Total debt amount:

(Total Amount left + total amount paid )

$(6900 + 1500)

=$8400

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Wall Street financial services firms and banks rewarded employees for developing "innovative" new financial investment vehicles

Nataly [62]

Answer:

Incentive plans

Explanation:

Incentive plans are strategies in which representatives of an association are kept persuaded for the work that they do, and are given motivators on coming to or achieving certain association objectives. The motivator plans can be for lower level workers, center administration and senior administration.

It is the apparatus utilized by entrepreneurs to empower, perceive and reward uncommon execution in their workers.

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3 years ago