It’s not true or false if both parties agree upon a solution and verbally agree or have it in writing then the contract shall hold up in a court of law.
I’m assuming it’s a robbery as the others are very serious compared to a robbery
1910s-20s - Women
50s-60s - African Americans
2000s-10s- LGBTQ+ people
A practical example of historical costs as a limitation for financial statements are:
- fails to disclose the current worth of the enterprise
- incomparable items in Financial Statements
- its difficult to replace Fixed Assets
- leads to inaccurate determination of profit etc.
<h3>What are significance of
historical costs?</h3>
Basically, a historical cost refers to the measure of value used in accounting in which the value of an asset on the balance sheet is recorded at its original cost when acquired by the company. This costing method is used for fixed assets in the United States under generally accepted accounting principles (GAAP)
In United States, the principle of historical cost is a basic accounting principle under U.S. GAAP where most assets are to be recorded on the balance sheet at their historical cost even if they have significantly increased in value over time. However, not every assets are held at historical cost. For instance, a marketable securities are recorded at their fair market value on the balance sheet and impaired intangible assets are written down from historical cost to their fair market value.
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Answer: It depends on the crime really if it is like shoplifting or robbery than yea charged as a Juvenile but if it is robbery and you kill someone or manslaughter or murder than he/she is probably going to be charged as an adult. Hope this helps
Explanation: