Answer:
No adjustment in records can be made until the asset is sold.
Explanation:
This is an example of cost concept. Assets are generally recorded at cost and remain on the accounting records at cost until they are disposed of. Future economic condition may change this appraised value, and therefore no adjustment in records can be made until the asset is sold.
Answer:
E. Quantitative easing and Buying short-term U.S. Treasury securities
Explanation:
Answer:
In the case of age 30, there will be more money at the age of 60
Explanation:
When person start investing at the age of 20 then total year till 60 years age is = 40 years.
Interest rate (r ) = 7 percent or 0.07.
Investment amount (Present value) = $1000
Now the total amount at the age of 60 years is calculated below.
Now calculate the total amount at the age of 60 years when he invest at the age of 30 and earns interest rate 10 percent. Now the number of years is 30.
Investment banks help companies to purchase, sell and make investments using bonds while commercial banks are concerned on managing deposits on both savings and checking account.
Investment banks aid companies on bringing their investments on public offers; commercial banks are focused on providing security for the clienteles money.
Investment banks have some degree of freedom in choosing their own strategies while commercial banks have more risks because they are open to public transactions.
Answer:
true
Explanation:
Compensation can be direct or indirect
Some of the components of compensation includes :
- Base pay
- commissions
- stock options
- Bonuses
- health insurance
Direct compensation are usually offered to individuals
Base pay is usually offered to the individual based on certain parameters .
Same with commissions
But there are some compensations that are offered to groups. For example if members of a department achieve a certain benchmark, they can be rewarded with stock options
Also, indirect compensations such as health insurance and pension are usually compensation offered at the organisational level or group level
