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ahrayia [7]
3 years ago
8

The process of spreading the costs of long-lived assets such as buildings and equipment over the total number of accounting peri

ods in which they are expected to be used is called
Business
1 answer:
enyata [817]3 years ago
3 0

Answer:

Depreciation

Explanation:

Depreciation is the process of reallocation of tangible assets over its useful life. Depreciation is an expense which is charged on the entire cost of a long-term tangible fixed asset. The depreciation expense is computed by reducing the scrap value of the asset from its cost and dividing it by the entire useful life of the asset. There are several methods used to depreciation tangible assets such as straight-line method, MACRS, double declining etc. Salvage value is the expected value of the asset at the end of its life. For example, if an asset has been purchased at $110,000 with a useful life of 5 years and salvage value of $10,000 then using straight-line depreciation per year over 5 years will be ($110,000-$10,000)/5 = $20,000.

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is starting her own accounting firm and hires , a freelance web designer who specializes in responsive design to build her busin
sasho [114]

Answer:

No, contracts for personal services are not assignable.

Explanation:

According to a different source, these are the options that come with this question:

Yes, as long as the assignment does not increases the burden on Max.

Yes, Claire can assign her obligations under the contract to anyone who accepts.

No, contracts for personal services are not assignable.

No, the assignment is not valid since Max did not give any consideration.

This is most likely not a good strategy for this woman. The fact that this woman has been hired as a freelance web designer means thta the woman is beig paid for her professional expertise. No one else can perform the job in the way that she can perform it. Therefore, she cannot assign this duty to another person.

8 0
3 years ago
Kent Manufacturing produces a product that sells for $70.00. Fixed costs are $163,200 and variable costs are $28.00 per unit. Ke
kipiarov [429]

Answer:

$330,846

Explanation:

The computation of the  the revised break even point in dollars is shown below:

= (Fixed cost ) ÷ (Profit volume ratio)

where,  

Fixed cost = $163,200 + $8,840

                 = $ 172,040

And the profit volume ratio would be

= (Contribution margin) ÷ (Sales) × 100

where Contribution margin equal to

= Selling price per unit - variable cost per unit

= $70 - $28 + $5.60

= $36.4

So, the profit volume ratio is

= ($36.40) ÷ ($70)

= 52%

So, the revised break point in dollars is

= ($172,040) ÷ (52%)

= $330,846

4 0
3 years ago
Settings in which development occurs, which are influenced by historical, economic, social, and cultural factors, are called ___
malfutka [58]

Settings in which development occurs, which are influenced by historical, economic, social, and cultural factors, are called <em>context.</em>

<h3>What is development?</h3>

This is the term that is used to refer to all of the processes that are able to create the growth of a person. It has to do with the growth and the progress as well as the effective changes that are known to happen in a particular society.

Hence we can conclude by saying that Settings in which development occurs, which are influenced by historical, economic, social, and cultural factors, are called context.

Read more on development here:

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6 0
2 years ago
When the policies of a non-profit organization and the beliefs or policies of a donor do not match or are contrasting, it leads
zaharov [31]

When the policies of a non profit organization and the beliefs or policies of a donor do not match or are contrasting, it leads to a <u>conflict</u>.

There are a variety of policies that non profit organizations must follow in order to remain operational. These policies include financial policies, fundraising policies, and policies regarding the distribution of resources for a non profit.

Non profit organizations must be careful to adhere to these policies, as any deviations could jeopardize their tax-exempt status. Additionally, non profit organizations must be transparent in their policies and procedures, as this is essential to maintaining the public's trust and support.

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5 0
1 year ago
When considering third-party service providers to host sensitive data, you should conduct a vendor risk review. What actions doe
Wewaii [24]

The actions do this include:

A)Test the vendor's hardware or software.

B)Ask the vendor to fill out a security questionnaire.

Vendor chance management (VRM), or 0.33-birthday celebration danger management, is the management, tracking, and evaluation of dangers that end result from 0.33-celebration carriers and providers of products and services.

An excessive-danger supplier is a 3rd-celebration vendor that has to get the right of entry to a agency's sensitive corporate information and/or handles its financial transactions and has a high risk of information loss. A high-threat seller is also a supplier that an organisation relies upon directly to run its operations.

A seller chance control application reduces the frequency and severity of statistics breaches, records leaks, and cyber attacks regarding 1/3 and fourth-parties, defensive touchy information, PII, PHI, and highbrow property and ensures business continuity.

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6 0
2 years ago
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