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The useful life of a plant asset is determined by law or by accounting rules or the length of time it is productively used or its productive life but not to exceed one year?
Mgg2
law
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∙ 11y ago
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What occurs when expenses exceed revenues for a given accounting period?
Retained earnings are decreased.
Economic function of profits and losses?
Economic profit will never exceed accounting profit. The accountant will calculate total cost using only explicit costs (basically a transfer of money) that the firm makes. On the other hand, .
Net income will result during a time period when?
revenues exceed expenses.
What is it called when your expenses exceed your income?
UNSUCCESSFUL
When a company's liabilities exceed its assets it is considered to be what?
Insolvent
The basic economic condition that exists when unlimited wants exceed limited productive resources is called?
Scarcity
What occurs when expenses exceed revenues for a given accounting period?
Retained earnings are decreased.
How is the strength of a tropical cyclone determined?
a tropical storm has developed when the winds exceed 60 kph.
Can bios upgrade enable me to exceed maximum ram?
Very unlikely. The amount of RAM that is supported is determined by the chipset, not the BIOS.
How is the error term determined?
With fewer degrees of freedom and larger critical values to exceed, how can the dependent samples t be more powerful than the independent t
Can you take percoset and clonazepam together?
Yes, just as long as you stay safe. Don't do it if you have responsibilities which require you to be awake/productive, and try not to exceed the doctor's prescribed dose. This is powerful stuff you're working with. Depending on how far you exceed the prescribed dose, you'll do one of three things: Feel awesome, nod out, or stop breathing.
Will economic profit exceed accounting profit?
Economic profit will never exceed accounting profit. The accountant will calculate total cost using only explicit costs (basically a transfer of money) that the firm makes. On the other hand, economists will factor in opportunity cost as well. For example, if a person takes their life's savings and invests it in a new company, the interest that the money could be making will be an opportunity cost for the firm, as well as the salary they could be earning at a different firm. This all means that economists will calculate higher costs, which means that economic profit is lower than accounting profit.
What is the cost of the bar bill for a wedding?
The cost of a bar bill is determined by the wedding party. The bride can tell the company her budget and the company will make sure that the wedding doesn't exceed that budget.
What is the Larry Bird exemption?
The Larry Bird exemption is the the exemption given to an NBA team to exceed their Salary Cap in order to accomodate the increase of salary of a superstar player, which will be determined by the NBA
Does Kohls.com have free shipping?
Kohls does offer free shipping on orders that exceed $75. There are no coupons or promo codes needed. On orders that are less than $75, the shipping is determined by the amount of the order.
Economic function of profits and losses?
Economic profit will never exceed accounting profit. The accountant will calculate total cost using only explicit costs (basically a transfer of money) that the firm makes. On the other hand, .
Is exceed a verb?
Yes, the word exceed is a verb.
