Adjusted acquisition cost Study guides, Class notes & Summaries

CFCM Practice Test Questions and Answers Graded A+ - Latest Updated 2024/2025 (Solved) How often are statutory acquisition-related dollar thresholds in the FAR adjusted for inflation? - answerEvery 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 - answer-determination and findings Contracting officers below the level of ___ shall be selected and appointed - an...

CPPA Module 3 Exam 182 Questions with Verified Answers Prior to nineties, what two regulations dictated property management industry? - CORRECT ANSWER 1. Federal Acquisition Regulation (FAR) part 45 "Government Property" 2. Federal Property Management Regulations (FPMR), for non-federal employees In NPMA, what is meant by "property"? - CORRECT ANSWER Government property What is the goal of the American National Standards Institute (ANSI)? - CORRECT ANSWER To enhance both the glob...

Real Estate Broker License Exam Vocabulary (IL) Complete Answers Abstract and attorney's opinion of title An opinion of title status based on a review of the abstract by an attorney. Similar to a certificate of title, the opinion of title does not protect against defects that cannot be discovered from the public records. Abstract of title The condensed history of a title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances...

CFCM Prep Questions 2024/2025 Questions with Answers 100% CORRECT DOWNLOAD TO PASS PATHWAY TO EXCELLENCE DOWNLOAD TO PASS CFCM Prep Questions 2024/2025 Questions with Answers 100% CORRECT Exchanges of information among all interested parties are encouraged - Answer from the earliest identification of a requirement through receipt of proposals FAR Part 24. Protection of Privacy and Freedom of Information. The Freedom of Info Act provides that info is to be made availab...

The CO is a person with the authority to enter into, administer, and/or terminate contracts and make related determinations and findings. True What part of teh FAR prescribes policies and procedures for assigning and perofrming contract administration and contract audit services? 42 The CO may delegate additional functions to the CAO beyond those listed in FAR 42.302 False In a postaward meeting, the CO will conduct a preliminary meeting of government personnel and will designa...

What are the steps to record common stock?? Ans: Journal entry purchase long-term equipment What are the steps to record the payment of dividends? Ans: Bank deposit What are the steps to record the acquisition of the fixed asset for a note payable Ans: Journal entry process What are the steps to record acquisition of a fixed asset using a check? Ans: create fixed asset account equipment original cost accumulated depreciation what is an unadjusted trial balance Ans: before adj entries...

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 ...

Solutions Manual For Fundamental Accounting Principles Volume 2 15TH Canadian Edition By Larson/Jensen/Dieckmann. $18,000 + $180,000 + $3,000 + $600 = $201,600 Quick Study 9-2 (10 minutes) 1. (a) R (b) C (c) R (d) C 2. (a) Mar. 15 Repairs Expense ................................. 120 Accounts Payable .......................... 120 To record repairs. (b) Mar. 15 Refrigeration Equipment .................... 40,000 Accounts Payable .......................... 40,000 To record capital e...

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...

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...