Accountants must adhere to generally accepted accounting principles for depreciation. There are four methods for depreciation straight line, declining balance, sum-of-the-years’ digits and unit of production
Cost are often incurred in any business transaction. The expenditure incurred for changing the oil in the company's fleet of trucks is debited to repairs and maintenance expense
Repairs and maintenance expense is simply known as the costs incurred to bring an asset back to its formal good condition or to keep the asset operating at its present condition.
An example, When a company's truck is damaged, the cost to repair the damage is often debited to repairs and maintenance expense.
Routine maintenance is often made to engine tune-ups, oil changes, radiator flushing, etc. and they are also debited to repairs and maintenance expense.
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Section 8 does not require you to pay them back
Answer:
They have been helpful by giving us news about things we would never find out on our owns like there was a car crash on the highway.
Explanation:
Answer:
Option A
Explanation:
Effectiveness refers to the capability of an institution to produce the desired result or the required performance. Once something is considered to be successful, it implies it has a planned or anticipated impact, or it generates a deep, vibrant impression.
In other words, The magnitude to which goals are accomplished and to what extent perceived needs are met is effective. Unlike efficiency, effectiveness is measured in regards to expenses and while output implies "doing the right thing," effectiveness, means "just doing correct thing."