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3 years ago

Fixed asset accounting systems include cost allocation and matching procedures that are not part of routine expenditure systems.

Business

1 answer:

nikklg [1K]3 years ago

8 0

Answer:

The correct answer is A.true.

Explanation:

Fixed asset accounting systems include cost allocation and matching procedures that are not part of routine expenditure systems.

As per financial accounting standards fixed assets cost is capitalized and than depreciated over its useful life. Only that amount of asset cost is charged in profit and loss account that has been depreciated during the reporting period. However, in case of other routine expenses full amount is charged in p/l, in the period, in which these costs are incurred.

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C. Explain the importance of the veterinary physician .

mr Goodwill [35]

A veterinary physician is necessary for the prevention of a variety of diseases and problems in diverse animal species. He or she is crucial in illness diagnosis and therapy planning. All situations when surgery is not required must be handled solely by a physician. Because many illnesses (zoonoses) may be passed from animal to human, chemists and doctors are continually checking on veterinary medicine to see how they might adjust human medications and vice versa. Vets take their duty extremely seriously in order to safeguard both the health of animals and the safety and wellness of the human-animal relationship. Shepard's utilized human medication and human medical advice to treat dogs thousands of years ago, and it typically worked.

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2 years ago

A change in money income of consumers will

Juli2301 [7.4K]

It depends on which way it goes. If the supply increases and prices stay the same, the disposable income increases in a meaningful way. That condition will cause the Fed either to raise interest rates, or the price of goods will respond to the increased demand or a third alternative could be that manufacturers will increase production (not very likely but it could happen).

If the supply of money decreases (by people being laid off for example) then the opposite of all the events listed above will or can occur. The fed could become more accommodating and lower interest rates. The price of good will decrease unless manufacturers increase their inventory (which not really healthy for an economy) or they could decrease production which will further decrease the labor force which will put the economy in an endless vicious cycle -- one no one wants.

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3 years ago

Five years ago, you invested in the Future Investco Mutual Fund by purchasing shares of the fund at the price of per share. Bec

tigry1 [53]

Answer:

7.12%

Explanation:

Full question <em>"Three years? ago, you invested in the Future Investco Mutual Fund by purchasing 1,000 shares of the fund at the price of $ 19.51 per share. Because you did not need the? income, you elected to reinvest all dividends and capital gains distributions. ? Today, you sell your 1,100 shares in this fund for ?$22.02 per share. If there were a 1?% load on this? fund, what would your rate of return? be? The compounded rate of return on this investment over the? three-year period is?"</em>

Value of investment three year ago = 1,000 * $19.51 = $19,510

Value of investment today = 1,100 * $22.02 = $24,222

Load = 1%. Net Proceed from sale of investment = $24,222 * (1 - 1%) = $23,979.78

Rate of return in three year = ($23,979.78 - $19,510) / $19,510

Rate of return in three year = $4,469.79 / $19,510

Rate of return in three year = 0.229103

Rate of return in three year = 22.91%

Annual Return = [(1 + 22.91%)^(1 / 3)] - 1

Annual Return = 1.0712 - 1

Annual Return = 0.712 - 1

Annual Return = 7.12%

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3 years ago

A company set-up a petty cash fund with $800. The disbursements are as follows:

SVEN [57.7K]

Answer:

q1- a q2-c

Explanation:

you have to create the account first

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3 years ago

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Jaleel's work group meets face-to-face and generates numerous alternatives to a product issue, many of them radical and a few ou

Paladinen [302]

Answer:

brainstorming as a part of it’s decision making process

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3 years ago