Answer: 1) organizes assets and liabilities into important subgroups 2) is more useful to decision makers 3) lists current assets in order of how quickly they can be converted to cash
Explanation: see image
Answer:
c
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Answer:
Is referred to as accumulated depreciation.
Explanation:
Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.
The Modified Accelerated Cost Recovery System (MACRS) can be defined as a depreciation system that avails business owners or companies the ability and opportunity to recover or recoup the cost basis of physical assets that have experienced deterioration over a specific period of time.
In the United States of America, the Modified Accelerated Cost Recovery System (MACRS) is used mainly for tax purposes because it gives room for faster depreciation of a physical asset in its first years or initial usage and reduces depreciation as it is being used over a long period of time.
Hence, the total amount of depreciation recorded against an asset over the entire time the asset has been owned is referred to as accumulated depreciation.
Answer:
A. change its procedures.
Explanation:
if there is any problem with the procedure and the use of the software, the organization should think about it and change the procedures
Answer:
The correct answer is C
Explanation:
The problem of debt in LDC, in the medium or even long term, the source of the future credit for the imports of the capital goods and such credit has been intrinsic to the fast as well as rapid growth in a economic manner and their demand for the exports from the world of the industralized.
So, the one statement which is not correct is that the debt holders usually seize the government property, if the loans are not repaid.
