Asset accounts - Study guides, Class notes & Summaries

FIN3702 Assignment 1 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ............ Question 1 Not yet answered Marked out of 1.00 Thyme Bank Ltd has offered Pizza Parlour Ltd the following in response to a R250 000 one-year loan application which was made to the bank. The stated rate was 9% and a 13% compensating balance. What will the effective annual rate be... O 1. 790% O2 375...

The sum of the practices and processes that an enterprise uses to manage the total life cycle cost investment in its portfolio of strategic assets is called _________ correct answer: Total Cost Management ______ is the application of scientific principles and techniques to problems of : - estimation - cost control - business planning & management science - profitability analysis - project management - planning & scheduling correct answer: Cost Engineering _______ Is the value...

Well-structured FIN2601 Assignment 1 (QUIZ ANSWERS) Semester 1 2024 (695916) - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). QUESTION 1 Which one of the following statements articulates the distinction between the capital market and the money market? * 1. 0 2. 0 3. 0 4. The capital market deals with long-term securities, while the money market deals with short-term instruments. The capital market involves borrowing and lending for periods exceeding one year, whil...

Financial Accounting Ivy Software FINAL - Financial Accounting Pre Assessment - Financial accounting -Mba prepworks Combined Sets Complete Solution For Easy Pass!! From a bankers perspective, the most important ratio on the customers financial statement is - ANSWER : Current Ratio Economic Entity - ANSWER : one firm, one set of books Which of the following is an operating performance ratio? Debt to total assets Times interest earned Payout ratio Times interest earned and payout r...

Financial Accounting Ivy Software FINAL - Financial Accounting Pre Assessment - Financial accounting -Mba prepworks Combined Sets Complete Solution For Easy Pass!! From a bankers perspective, the most important ratio on the customers financial statement is - ANSWER : Current Ratio Economic Entity - ANSWER : one firm, one set of books Which of the following is an operating performance ratio? Debt to total assets Times interest earned Payout ratio Times interest earned and payout r...

2024|2025 INTUIT BOOKKEEPING LATEST EXAM | QUESTIONS WITH CORRECT ANSWERS When choosing between two solutions, the one that will be least likely to overstate assets and income should be selected. Correct Answer: Conservatism Assumption States that an amount can be ignored if its effect on the financial statements is small and not misleading Correct Answer: Materiality Principle Once you adopt an accounting principle or method, continue to follow it consistently in future accounting peri...

Business Appraisal Profession - correct answer 1) entire firms specializing in business appraisal 2) departments of firms primarily doing other things, such as CPA firms, banks, and multidisciplinary firms 3) part-time practitioners Business appraiser services - correct answer 1) An objective and independent valuation opinion of business interests 2) An advisory, or consulting (advocate), role in determining a value Market Approach - 3 Approaches to Value - correct answer 1) Principle of s...

What is the accounting equation? correct answer: Assets = Liabilities + Owner's Equity Adding property Plant or Equipment into a business through an investment by the owner would: a. Increase expenses and increase assets b. Increase one asset and decrease another asset c. Decrease one asset and increase another asset d. Increase O.E. and increase assets correct answer: A. Increase expenses and increase assets Paying off an account payable with Cash would: a. Increase assets and...

FAC1601 Assignment 2 Semester 1 2023/2024 Update FAC1601 Assignment 2 Semester 1 2023/2024 Update Question 1 Which of the following statements is correct: 1. When revaluing an asset or liability in terms of a change in ownership structure, the current account is used. The current account is then closed off to the accounts of theexisting partners according to their existing profit-sharing ratio. 2. The selling price of a partnership is determined by the cost price of the partnership. ...

3D printing - Builds—layer by layer in an additive process—a three-dimensional solid object from a digital model. acceptable use policy (AUP) - A policy that a user must agree to follow in order to be provided access to a network or to the Internet. access point (AP) - The computer or network device that serves as an interface between devices and the network. accessibility - Refers to the varying levels that define what a user can access, view, or perform when operating a system. acc...