Answer:
Explanation:
The difference is mainly that the asset is a generator of periodic cash flows, that is, if Christine is evaluating the present value of the flows generated by the asset, she does so due to a financial evaluation while Ron does it from a point of accounting view and this is called fair value according to the IFRS.
Explanation:
Taken by surprise, the Indians scattered, hotly pursued by the mounted troops. The village and crops were destroyed. Although the two sides suffered near equal losses, the battle was widely regarded as a U.S. victory and helped establish Harrison's national reputation.
Four types of maintenance concept are corrective, preventive, risk- based and condition- based maintenance.
<u>Explanation:</u>
In corrective maintenance repair activities are carried out when a fault or slight defect is detected. This carried out by considering that the cost of repair will be lower than the expenses incurred when continuous maintenance approach is chosen.
In preventive maintenance approach , maintenance is carried out in definite intervals so as to reduced the risk of failure.
Risk based maintenance is carried out by integrating appropriate analysis and periodic test activities to the preventive maintenance approach. In condition bases maintenance the equipment performance is monitored and the corrective actions are controlled.