Which of the following is not true in regard to selling fixed assets?

Which property classification would include tools?

Nady [450]

The answer is durable. According to AR 735-5 (Policies and Procedures for Property Accountability), a durable property is a property that is not consumed in use, does not require property book accountability, but because of its unique characteristics requires control when issued to the user. The best example for this is hand tools. Hand tools are measured durable because they are not used up by Soldier unlike cleaning supplies. Hand tools are not on the property book. They do require a signature when issued, whether from the tool room or the supply room. When hand tools break, they must be turned in for replacements. Soldiers who misplace hand tools pay for the lost tools in order to implement supply discipline. We must have supply discipline to save Army resources for deployments, training exercises and other mission requirements. Leaders involve periodic inventories and the correct hand receipt procedures for the same reason. Hand tools are costly and Soldiers use millions of them. So, hand tools are durable because they do not get used up, unlike consumable supplies such as hand soap or motor oil, and also require some type of control when issued.

8 0

3 years ago

Read 2 more answers

Suppose maria and nikki can produce ballet shoes. if maria's opportunity cost of producing ballet shoes is higher than nikki's o

luda_lava [24]

If Maria's opportunity cost of producing shoes is higher than nikki's opportunity cost of producing shoes, then Nikki has a comparative advantage in the production of baellet shoes.

What is meant by production?

Making something out of parts or raw materials is the act of producing something. In other words, manufacturing uses inputs to create an output that is suitable for consumption—a good or product with value for a consumer or end-user.

Production is the process of combining various immaterial inputs (plans, knowledge) with material inputs to create something that is intended for consumption (output). It is the process of producing an output, a good or service that has value and enhances people's usefulness.

To learn more about production click the given link

brainly.com/question/16755022

#SPJ4

8 0

1 year ago

A(n) ________ group is created to do something productive for the organization and is headed by a leader. for example, this grou

ZanzabumX [31]

The answer is formal group. A formal group is a cluster or group of individuals, who decided to work together to achieve and reach a specific goals. Formal groups are made of individuals committed to fulfill tasks. According to the given example, this group is created to produce and develop a new series of skincare products specifically for the individuals over the old age of sixty (60), the example states that the group is created to develop a new-line of skincare products, so it is to be considered that the group being referred to is the formal group, it has indicated that there is a specific goal that is set for different individuals to come together and fulfill a specific goal.

7 0

3 years ago

A job applicant identifies preparing contract documents for construction managers as something the applicant considers

babunello [35]

Answer:

architect

Explanation:

i got it right on edge

3 0

2 years ago

A direct participation program shows the following operation results: Revenues: $3 million Operating expense: $1 million Interes

stiks02 [169]

Answer:

The cash flow from program operation is $1,600,000.

Explanation:

Prepare the Cash Flow from Operating Activities Section to determine the cash flow from program operation.

<u>Cash Flow from Operating Activities</u>

Revenue $3,000,000

Less Expenses :

Operating Expenses $1,000,000

Interest expense $200,000

Management fees $200,000

Depreciation $3,000,000 ($4,400,000)

Operating Profit / (Loss) ($1,400,000)

Add Back Depreciation $3,000,000

Operating Cash flow $1,600,000

3 0

2 years ago