Adjusted acquisition cost - Study guides, Class notes & Summaries

Land held for future expansion is classified as a long-term investment. It is not a property, plant and equipment asset because it is not being used in the production or sale of other assets or services. 3. The cost of a property, plant and equipment asset includes all normal, reasonable, and necessary costs of getting the asset in place and ready to use. For example, cost includes such items as the invoice price paid, freight costs, non refundable sales taxes (PST, HST) and all costs incu...

How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - Every 5 years A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actionsi s defined as a - determination and findings Contracting officers below the level of ___ shall be selected and appointed - a head of a contracting activity According to the FAR conventions at Subpart 1.1, each authority is ...

How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - Every five years A form of written approval signed by an authorized official that is required by statute or regulation as a prerequisite to taking certain contract actions is defined as a - Determination and Findings Contracting officers below the level of __________ shall be selected and appointed. - a head of a contracting activity According to the FAR conventions at Subpart 1.1, each au...

Certified Federal Contracts Manager (CFCM) Questions and Answers 100% Pass A cost is reasonable if, in its nature and amount, it does not exceed - Answer ️️ -that which would be incurred by a prudent person in the conduct of competitive business. Advance Agreements should not be negotiated - Answer ️️ -after the incurrence of the costs involved. Under the Assignment of Claims Act, a contractor may assign moneys due or to become due under a contract if it meets all but which of the...

CFA Level 1 Financial Statement Analysis 44 Questions with Answers Income statement - CORRECT ANSWER A financial statement that provides information about a company's profitability over a stated period of time. Also called statement of operations or profit and loss statement. Revenue - Expenses = Net income or loss Liquidity - CORRECT ANSWER The ability to purchase or sell an asset quickly and easily at a price close to fair market value. The ability to meet short-term obligations u...

WASHINGTON REAL ESTATE EXAM PREP 1 REVIEW QUESTIONS AND ANSWERS, RATED A+/ VERIFIED. What is a legal action to stop a nuisance? - -abatement A history of every recorded document dealing with a property? - -abstract A means of obtaining land value by deducting the value of improvements from the total property value? - -abstractive method What is a condensation of a court judgment? - -abstract of judgment What is obtaining title as a result of attaching or joining property to other proper...

Washington Real estate Exam Prep 1 Questions and Answers What is a legal action to stop a nuisance? - Ans ️️ -abatement A history of every recorded document dealing with a property? - Ans ️️ -abstract A means of obtaining land value by deducting the value of improvements from the total property value? - Ans ️️ -abstractive method What is a condensation of a court judgment? - Ans ️️ -abstract of judgment What is obtaining title as a result of attaching or joining property t...

Washington Real estate Exam Prep 1 Questions and Answers What is a legal action to stop a nuisance? - Ans ️️ -abatement A history of every recorded document dealing with a property? - Ans ️️ -abstract A means of obtaining land value by deducting the value of improvements from the total property value? - Ans ️️ -abstractive method What is a condensation of a court judgment? - Ans ️️ -abstract of judgment What is obtaining title as a result of attaching or joining property t...

Washington Real estate Exam Prep 1 Questions and Answers What is a legal action to stop a nuisance? - Ans ️️ -abatement A history of every recorded document dealing with a property? - Ans ️️ -abstract A means of obtaining land value by deducting the value of improvements from the total property value? - Ans ️️ -abstractive method What is a condensation of a court judgment? - Ans ️️ -abstract of judgment What is obtaining title as a result of attaching or joining property t...

Washington Real estate Exam Prep 1 Questions and Answers What is a legal action to stop a nuisance? - Ans ️️ -abatement A history of every recorded document dealing with a property? - Ans ️️ -abstract A means of obtaining land value by deducting the value of improvements from the total property value? - Ans ️️ -abstractive method What is a condensation of a court judgment? - Ans ️️ -abstract of judgment What is obtaining title as a result of attaching or joining property t...