1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xz_007 [3.2K]
3 years ago
10

(1) Reporting of Capital Assets. Are capital assets reported as a line-item in the government-wide statement of net position? Ar

e nondepreciable capital assets reported on a separate line from depreciable capital assets, or are they separately reported in the notes to the financial statements? Do the notes include capital asset disclosures, such as those for the City and County of Denver shown in Illustration 5–2? Does the disclosure show beginning balances, increases and decreases, and ending balances for each major class of capital assets, as well as the same information for accumulated depreciation for each major class? Are these disclosures presented separately for the capital assets of governmental activities, business-type activities, and discretely presented component units? Do the notes specify capitalization thresholds for all capital assets, including infrastructure? Do the notes show the amounts of depreciation expense assigned to each major function or program for governmental activities at the government-wide level? Are the depreciation policies and estimated lives of major classes of depreciable assets disclosed? Do the notes include the entity’s policies regarding capitalization of collections of works of art and historical treasures? If collections are capitalized, are they depreciated?
Business
1 answer:
mylen [45]3 years ago
4 0

Answer:

Principal resources are reported as a line-item within the management wide declaration of net situation. Non-depreciable principal resources are individually reported within the proceedings to the money declarations. The revealing expressions starting equilibriums, will increase and reduces, and finish stabilities for every main category of principal assets, yet because the same info for accrued devaluation for every key category. These revelations are given individually for the wealth assets of administrative actions, occupational sort actions, and unnoticeably given part units. The summaries stipulate capitalization inceptions for all principal assets, together with arrangement. The summaries display the quantities of devaluation expenditure assigned to every major operate or package for administrative actions at the government-wide flat. The decline strategies and calculable lives of main categories of depreciable resources are released. Summaries do reveal the strategies relating to capitalization of assortment of skills and historic materials if some. These collectibles aren't criticized however market price of those art effort is measured to reason gain/ injury at the year finish. Accounting strategies for possessions no inheritable underneath capita tenancy are obviously mere

You might be interested in
Why are adjusting entries necessary?
qwelly [4]

Answer:

Option A) To record revenues and expenses

Explanation:

The accounting accrual is an accounting method, it means that the company must record the revenues and expenses in the moment that the transactions occur and not when the payment is done.

By this method is always necessary to make adjustment entries to the accounting system if not it's impossible reflect all the transactions occured at this moment.

3 0
2 years ago
When a company is following the proportionality principle in its policy creation, the security levels, costs, practices, and pro
iren2701 [21]

Answer:

<u>True</u>

Explanation:

The proportionality principle encourages for <em>balance or fairness. </em>Therefore, in its policy creation, the security levels, costs, practices, and procedures of a company <u>should be appropriate and proportionate to the degree of reliance on the system and the value of the data.</u>

For instance, you would not expect the security level of a company concerning its customers contact information to be the same with the company's operating address, because the latter is less sensitive.

5 0
3 years ago
An employee of yours often offers excellent analysis and is able to quote facts and figures from memory during meetings; and the
Genrish500 [490]

Answer:

Realized strength

Explanation:

CAPP MODEL

This is simply called "Centre of Applied Positive Psychology".

Capp strength

This is are known to be more of fluid than personality traits and can occur over one's lifetime through different situations we experience.

The four quadrants of CAPP's Realise2 strengths model includes

1. Realized strengths

2. Unrealized strengths

3. Learned behaviours

4. Weaknesses.

Strengthss

This is simply known as an important or more so than weaknesses, a number of divisions are used by positive psychologist to help identify and measure your strengths. It is simply known as an attribute or quality of an individual that gives or accounts for successful performance.

The approach to strengths fully realized is simply to identify strengths and weaknesses to improve performance.

4 0
3 years ago
High-school athletes who skip college to become professional athletes a. obviously do not understand the value of a college educ
Gnesinka [82]

Answer:

C. Understand that the opportunity cost of attending college is very high.

Explanation:

The reason is that the colleges costs very high both the money and time. However the person can also earn while pursuing their dreams because it has greater value for them if they have potential for growth in games. So they prefer to follow their dreams rather investing on their higher education.

8 0
2 years ago
Read 2 more answers
Connie and sam's detached garage was recently destroyed by a tornado. their house was insured for $135,000, and the detached str
KIM [24]

The correct answer is $13,500

The insurance coverage for the garage will cover the garage for 10% of the insured value of the home. This is calculated by multiplying .1 x $135,000 = $13,500.

Even though there is $15,000 in damage, the garage is only covered for $13,5000 of insurance.

8 0
3 years ago
Other questions:
  • Your boss would like your help on a marketing research project he is conducting on the relationship between the price of soup an
    10·1 answer
  • Aaron earns a weekly salary of $350 plus 7% commission on sales. last week his sales totaled $3200. what was his total pay?
    5·1 answer
  • Cycle Wholesaling sold merchandise on account, with terms n/60, to Sarah’s Cycles on February 1 for $550 (cost of goods sold of
    7·1 answer
  • How do upgraded urls help advertisers with third-party conversion tracking?
    7·1 answer
  • The crucial issue with the continuity factor of a business’s organizational form is _______.
    10·1 answer
  • What is the first step involved in developing and implementing a social media marketing campaign?
    15·1 answer
  • What are two types of financial exchange
    8·1 answer
  • To mitigate the bullwhip effect, each location in a supply chain should plan for the demand received at that location. Group of
    7·1 answer
  • In the context of accessing and sharing information, _____ allow company managers and employees to use a web browser to gain acc
    10·1 answer
  • If a technological advance reduces the amount of variable resources needed to produce any level of output, then the
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!