Suppose you bought two pieces of land for $100,000 each, the first piece has permanently appreciated in value and is now worth $
120,000, while the second piece has permanently reduced in value to $75,000. Applying conservatism and the historical cost principles, how would you account for the change in value of the two pieces of land? a. I would leave both pieces of land at $100,000 each on the books.
b. I would leave the first piece of land at $100,000 and write the second down to $75,000.
c. I would write up the first piece of land to $120,000 and the second down to $75,000.
d. I would write the first piece of land up to $120,000, and leave the second piece of land at $100,000.
Applying conservatism and the historical cost principles, we would you account for the change in the value of the two pieces of land as leave the first piece of land at $100,000 and write the second down to $75,000 because conservatism and historical cost principles suggest us to anticipate and record the future losses rather than future gains.
The educational path that will help him realize that goal is: C. 1,200 hour certificate course at a beauty college.
<h3>What is goals?</h3>
Goals can be defined as what a person have the plan to achieve and work towards achieving the set goals.
If his dream was to have his own hair styling salon, 1,200 hour certificate course at a beauty college will be the best choice as it is the educational path that will enable him to achieve his set goal.
Violations of security policies are considered to be a law enforcement issue upon which proper disciplinary actions must be taken.
<u>Explanation:
</u>
The security policies put into place by the organization actually serve as the first wall of protection for the organization.
The organization makes it clear through its security policies what actions would be deemed as an attempt to breach the security and what actions are prohibited within and outside the premises of the organization as an employee of the organization:
