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What are the advantages and disadvantages of cost classification?
the disadvantages of cost classification
What is the definition of Historical Cost?
what is the definition of historical cost
What is an advantage and disadvantage of units of production depreciation?
Advantages: Easy to use Matches Cost to revenues (Matching Concept) Disadvantages: Depreciation can not be charged when the Asset is not in use.
What is historical cost?
Historical cost is the cost of an item when it was originally acquired. Historical cost does not reflect the change of value over time that an asset undergoes.
What is the difference between historical cost and replacement cost?
I believe historical cost is the original cost @ time of buying. Replacement cost is the price it would cost you @ present day values
What is cost principle?
Accounting concept that goods and services purchased should be recorded at their historical cost and not at their current market value.
What is historical concept?
historical concept means tangible assets are record on the the original price, in which an assets is acquired.
What are the different cost concept?
different cost concept
What are the advantages and disadvantages of cost classification?
the disadvantages of cost classification
What is the definition of Historical Cost?
what is the definition of historical cost
What are thetwo disadvantages of this concept in determining consumer behaviorand how are these disadvantages overcome?
What are some disadvantages or advantages in chemical energy?
What is an advantage and disadvantage of units of production depreciation?
Advantages: Easy to use Matches Cost to revenues (Matching Concept) Disadvantages: Depreciation can not be charged when the Asset is not in use.
What is historical cost?
Historical cost is the cost of an item when it was originally acquired. Historical cost does not reflect the change of value over time that an asset undergoes.
Advantages of historical cost accounting?
strength of historical cost accounting
What are thetwo disadvantages of the concept of diminishing marginal utility in determining consumer behaviorand how are these disadvantages overcome?
The answer is, Penis.
Elaborate the cost concept is important for decision making?
Cost concept for Decision making ?
What are the advantages of classification and disadvantages?
the disadvantages of cost classification
