Answer:
A, it is prohibited
Explanation:
Under the U.S GAAP, subsequent reversal of a previously recognised intangible asset impairment loss is prohibited with the exception that the intangible asset is held up for the purpose of sale.
Cheers.
Answer:
A. True
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service. Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.
The fundamentals of Project Management are considered universal across most businesses and professions.
The fundamentals of Project Management includes;
1. Project initiation
2. Project planning
3. Project execution
4. Monitoring and controlling of the project
5. Adapting and closure of project.
It is very important and essential that project managers in various organizations, businesses and professions adopt the aforementioned fundamentals in order to successfully achieve their aim, objectives and goals set for a project.
You get charged a certain late fee that adds up everyday that the payment is late after the due date. Your interest rates might also go up <span>⬆️</span>
Answer: 16.08%
Explanation:
The effective annual interest rate simply means the interest rate on a loan that is restated from nominal interest rate.
In the above question, we are informed that it uses 15.00% as the nominal annual rate make monthly payments.
Effective annual rate = (1 + r/m)^m - 1
where,
r = annual nominal interest rate
m = number of compounding periods for the year.
In this case m= 12 since there are 12 months in a year.
The answer has been attached.