There are video tutorials online. It might be a lot easier to understand it if you see it, rather than read it. Hope this helps! :)
Answer:
True
Explanation:
Work in process refers to those goods which require further processing. When a department transfers work in process(WIP) to another department, the recipient department's stock of WIP is debited i.e debit the receiver principle.
Similarly work in process that is being transferred out of a department would be recorded like Purchase return i.e credit what goes out.
A debit in WIP account increases it's balance whereas a credit in WIP account reduces it's balance.
AD was a dark age and a period of cultural decay and decline for Europe because there was barely a government, harsh punishments, ignorant people, not a lot of land, and there was a lot of killing and diseases going around Europe that cause Europe to decline in population.
Shareholders of public companies need to appoint a board of directors to represent their interests because of the separation of ownership and control.
Today's board members are supposed to reflect a variety of independent viewpoints. Strategic monitoring and planning are the major responsibilities of a board of directors. Even though these phrases are frequently used, it's crucial to remember that these tasks constitute the foundation of effective company planning.
A board of directors serves much more than just as the organization's public face. When selecting new board members to fill open positions, boards often seek for specific traits. Board members anticipate that their other directors will be open to challenging and in-depth questioning that seek to examine all sides of an issue. Board members must be thoroughly informed about any significant issues that have an impact on the company. Because risks are multiplying and getting more complicated, identifying risks has become an essential component of the board job.
Learn more about Board of directors here brainly.com/question/16342939
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Answer: Option C
Explanation:
A. Assets with physical existence are called tangible assets.
B. There are several financial instruments that lacks physical substance but are not considered as intangible assets.
C. Intangible assets can be either long term or short term.
D. Only those intangible assets that have definite lives are amortized, others with indefinite life are not.
