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Examples of intangible asset?
Most common example of intengible asset is "GOODWILL"
What is the recordable cost of a plant asset?
The record able cost of a plant asset is most likely the cost of the plant asset at acquisition. This would include equipment costs, training of employees, sales taxes, freight costs, and the like.
What is The total amount of depreciation recorded against an asset over the entire time the asset has been owned?
The total amount of depreciation recorded against an asset over the entire time the asset has been owned is known as "accumulated depreciation." This figure represents the cumulative depreciation expense that has been charged against the asset since its acquisition. It reflects the wear and tear or usage of the asset over time and is deducted from the asset's original cost on the balance sheet to show its net book value. Accumulated depreciation is important for assessing the asset's current value and for financial reporting purposes.
When should an asset register be updated?
An asset register should be updated whenever there are changes in asset ownership, acquisitions, disposals, or significant alterations to an asset's condition or value. Additionally, it should be reviewed and updated regularly during financial reporting periods or audits to ensure accuracy. Routine updates are also important following physical inventory checks or when integrating new assets into the organization. Regular maintenance of the asset register helps ensure compliance and effective asset management.
Is cash float an asset or income?
asset
Why is cash so important?
Because it is the most liquid asset
Is an employee an asset?
If you are engaged in services, then yes your employee is your most important asset because they are the ones providing the services. But an employee being an asset will depend on his/her actual performance, attitude and productivity.
The most important responsibility of the Verifying Official in regard to security is?
Verify the customer's identity
What is the motto of JM Family Enterprises?
JM Family Enterprises's motto is 'Our Associates are our most important asset.'.
Why HR is called the most important asset and competitve advantage of any orgnazation in the world?
please khud karain
Muslims regard Jesus Christ as?
Muslims regard Jesus as an important prophet
What is the major scientific theory that led to the development of health?
The most important theory with regard to health is the germ theory.
What is one of the most important rules with regard to survey field notes?
One of the most important rules with regard to survey field notes is to record information accurately and in a timely manner. Detailed and precise notes can help ensure the data collected is reliable and can be referenced later for analysis and reporting.
What was the south's most valuable asset after the war?
Land was the South's most valuable asset after the war.
Which gas is important for your survival?
Oxygen is the most important for human survival, just as plants need carbon dioxide. Humans and plants have a symbiotic relationship in that regard.
The most important atmospheric component with regard to the earth weather and climate?
Water vapor is the most important atmospheric component with regard to Earth's weather and climate. It plays a crucial role in the formation of clouds, precipitation, and the greenhouse effect. Its concentration can significantly influence temperature and weather patterns across the planet.
What do you most consider to be the most important qualification of an employee?
The most important thing an employee must have is the desire to work hard with integrity. Skills can be taught but if the person has bad work habits the employee will be more of a problem than an asset.
