What costs to capitalize - Study guides, Class notes & Summaries

Long-lived assets -Resources owned by a business that enable it to produce the goods or services that are sold to customers -Will not be used up within the next year -Divided into tangible and intangible Tangible assets -AKA fixed assets -Long-lived assets that have physical substance -Ex. Land, buildings, machinery, vehicles, office equipment, and furniture -Are depreciated Intangible assets -Long-lived assets which have special rights but not physical substance -Acquired for operational use ...

One distinguishing feature between independent agency systems and other marketing systems is the... correct answers agency expiration list Foreign Insurer correct answers An insurer licensed to operate in a state but incorporated in another state Domestic Insurer correct answers An insurer doing business in the jurisdiction in which it was incorporated Alien Insurer correct answers An insurer domiciled in a country other than the US Direct Response Marketing System correct answers Gr...

AINS Practice Exam Review Q&S One distinguishing feature between independent agency systems and other marketing systems is the... - ANS-agency expiration list Foreign Insurer - ANS-An insurer licensed to operate in a state but incorporated in another state Domestic Insurer - ANS-An insurer doing business in the jurisdiction in which it was incorporated Alien Insurer - ANS-An insurer domiciled in a country other than the US Direct Response Marketing System - ANS-Greatly reduces compensatio...

One distinguishing feature between independent agency systems and other marketing systems is the... - Answer-agency expiration list Foreign Insurer - Answer-An insurer licensed to operate in a state but incorporated in another state Domestic Insurer - Answer-An insurer doing business in the jurisdiction in which it was incorporated Alien Insurer - Answer-An insurer domiciled in a country other than the US Direct Response Marketing System - Answer-Greatly reduces compensation costs but has h...

Assume the NOI of $946,250; Cap Rate of 10.5% and 3% Selling Costs. Capitalize the NOI to determine the Net Sales Price: - Answer Step 1: NOI/Cap Rate = Sales Price Step 2: Sales Price x Selling Costs % = Selling Cost Step 3: Sales Price - Selling Costs = Net Sales Price Which recovery structure would you select to enter in a tenant that pays their net pro rata share of all expenses over a specified base stop: - Answer Stop Amount/Area Users Can define a varying building area over t...

Managerial Accounting deals with _____ accounting, while Financial Accounting deals with _____. - correct answer Internal; External True or False: Managerial accounting must follow GAAP. - correct answer False; Internal accounting so it does not have to follow GAAP. The assumption that a company or other entity will be able to continue operating for a time that is sufficient to carry out its commitments and obligations. - correct answer Going Concern The assumption that a compan...

GEB 4890 Exam Questions With Verified Answers Company strategy - answerthe set of actions that its managers take to outperform the company's competitors and achieve superior profitability. what makes a competitive advantage sustainable: - answerare elements of the strategy that give buyers lasting reasons to prefer a company's products or services over those of competitors- -reasons that the competitors are unable to nullify or overcome despite their best efforts. most basic 5 approache...

10.2 (conceptual) understand how MACRS work for automobiles - 5 year recovery period, if used, doesnt change recovery period 10.3 (conceptual) list of different types of assets; which would be eligible for bonus depreciation - must be used/new (as long as not been previously used within past 5 years), have regular depreciation life for 20 years or less 10.2 (problem) asset put in place, 5 year property, basis given; calculate depreciation; determine which table to use based on purchase dat...

Which of the following is an example of a business acting upon an organizational core value? Pegasus Autos reduces engine emissions below federal guidelines to reduce pollution - by lowering engine emissions below beyond what federal laws require, Pegasus Autos is acting on an ethical standard & thus an organizational value Soil & Sod Gardening Supplies has a vision of helping every American learn how to grow their own food. Its management team recently unveiled the mission the mission ...

Management BSG Chapters 1-12 | 100 Questions with 100% Correct Answers | Latest Update | Verified A company's strategy - consists of the competitive moves and business approaches that managers employ to attract and please customer, compete successfully, capitalize on opportunities to grow the business, respond to changing market conditions, conduct operations, and achieve the targeted financial and market performance. According to Figure 1.1, which of the following is not something to loo...