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An asset is some property or right having value owned by a person.
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∙ 9y ago
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Why is a bank loan a financial asset?
The only way that a bank loan can be an asset is if the loan is less than what the assett is worth. Otherwise I do not belive a bank loan can be an assett. Answer 1: A Bank loan is an asset for the bank because it is money that a customer will repay. Any instrument in which money will be received can be considered an asset. In case of a loan, it is an asset to the bank and a liability to the person who borrowed the money
Is cash vault a financial asset or a real asset?
real asset real asset
What is the formula for equity method?
dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET
Is cash a financial asset or a real asset?
financial-current asset
What is different about a secured loan application?
A secured loan application is different because the person who takes out the secured loan pledges an asset. An asset must be something of value such as a home or car. They then use that as the collateral, so that way if one does not pay the secured loan the creditor takes possession of the asset.
How do you spell asset?
The correct spelling is "asset" (valuable person or thing).
What is a 'No Asset Debtor'?
A no Asset Debtor is a person who has applied for an alternative to bankruptcy through the No Asset Procedure. If you haven't applied for entry into a No Asset Procedure by filing a notice with the Official Assignee, select no.
How do you use the word asset relating to a person in a sentence?
Her dependability and dedication proved her to be a great asset to the company.
Does an escrow account count as an asset when applying for medicaid?
does an escrow account count as an asset when the person has medicaid
Good internal control dictates that a person who controls an asset also maintains that asset's accounting records?
False
Do you consider yourself an asset to society?
I do not consider my self an asset to society. I am a good, smart, friendly and strong willed person.
Is an asset property owned by a person or group?
big boy
What is the edge of an attractive person when applying for a job?
this would means that that person is an asset to the face of the organization
What is a asset manager?
Asset management, refers to a financial system that maintains things of value to a person or group. Therefore, an Asset Manager is someone looking after and maintaining the assets and investments on behalf of others.
Where can a person find information on asset management tools online?
There are many companies and websites that can provide a person with information on asset management tools. A few of these websites are IBM, EZAssets, and Corporate Insight.
Why should the person who keeps the records of an asset not be the person responsible for its custody?
This depends on the size of a company because if the owners are resposible for the custody of an asset this doesn't matter so much. It also depends on the type of asset you are talking about. If an asset is not something easily convertable to cash this also does not matter much. In most cases, the person who keeps financial records for a company should not also be the one who has access to the asset. The reason for this is that if they do, it can be quite easy for them to steal from the company and cover it up by changing the financial records.
How can you be an assets?
An asset is a person that helps out a lot with their company or is a special item. To be an asset, you can work very hard and volunteer to help out with special jobs.
