He software which controls the basic workings of the computer system is called a(n ____

The historical cost principle requires that when assets are acquired, they be recorded ata. appraisal value.b. cost.c. market pr

Hitman42 [59]

Answer:

b. cost

Explanation:

Assets are accounted for under IAS 16 Property plant and Equipment, IAS 38 Intangible assets and IAS 40 and 41 Investment property and Biological assets.

The historical cost principle requires that assets on initial recognition be recorded at cost. This cost is maintained even as depreciation is charged for the use of the asset.

The cost is then netted off the accumulated depreciation to get the net book value of the asset or the carrying amount.

6 0

3 years ago

Read 2 more answers

Do you agree with Unilever’s decision to link its brands with efforts to encourage healthy and environmentally sustainable behav

o-na [289]

Answer:

Yes.

Explanation:

I agree with Unilever’s decision to link its brands with efforts to encourage healthy and environmentally sustainable behaviors because it is an innovative way to catch more customers who might have been in doubt of their products due to health and other related issues. It also presents a good image of the company and shows that Unilever is not only out there to sell their products and maximize profits but also to make sure that the consumers of their products are healthy and satisfied. This will help them retain their customers as well as to build unflinching loyalty.

3 0

4 years ago

Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-

likoan [24]

Answer:

overhead rate $4 per machien hour

applied overhead 1,560,000

The overhead was underapplied for 15,000

entry to adjust against COGS

Cost of Goods of sold 15,000 debit

Factory overhead 15,000 credit

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

we divide the expected overhead over the total amount of budgeted machine hours to determinate the overhead rate:

1,600,000 / 400,000 = $4 per machine hours

Actual machine hours 390,0000

applied overhead:

actual cost driver x rate per driver

390,000 x $4 = 1,560.000‬ applied overhead

Actual overhead 1,575,000

As aplies is lower, we should adjust for 15,000 difference

5 0

3 years ago

Suppose you know a company's stock currently sells for $64 per share and the required return on the stock is 0.12. You also know

jasenka [17]

Answer:

$3.62

Explanation:

Dividend Yield = 0.12/2

Dividend Yield = 0.06

==> (Dividend in One Year)/Current Price= .045

D1 = 0.06*$64

D1 = $3.84

D0 (Current Dividend) = D1/(1+Dividend Yield)

D0 (Current Dividend) = $3.84/(1.06)

D0 (Current Dividend) = 3.622641509433962

D0 (Current Dividend) = $3.62

6 0

3 years ago

Difference between bookkeeping and accounting in table

Sladkaya [172]

Answer:

Bookkeeping is related to the recording measuring, and finding the financial data of a company and Accounting is the process where in the company's financial data is summarized, and a report is prepared for the same.

Explanation:

hope this will help you

3 0

3 years ago

He software which controls the basic workings of the computer system is called a(n _____.