Which of the following is an activity of the Asset Accounting sub-process
Which of the following is an activity of the Asset Accounting sub-process
Which of the following is an activity of the Asset Accounting sub-process
Yes, land is considered an asset in financial accounting.
The key activities of Service Asset & Configuration Management are: 1. Management and Planning 2. Configuration Identification 3. Configuration Control 4. Status Accounting and Reporting 5. Verification and Audit 6. Information Management
What are the Basic Activities of accounting?
An asset will have benefits extending into the next accounting period
Yes, stock is an asset. Stocks are proof of a financial investment in a company, and therefore an asset in relation to accounting.
Accounting focuses on the day-to-day movement of money in and out of a corporation or institution, whereas finance is a broader term that encompasses asset and liability management as well as long-term growth planning. Finance and accounting work at different levels in the asset management spectrum. Financial accounting includes the preparation of financial statements such as a balance sheet, income statement, and cash flow statement. The branch of accounting that deals with the summarization, analysis, and reporting of a company's financial activities is known as financial accounting.
It is an asset.
The Property Plant and Equipment process is the financial policy related to owned real estate and personal property as outlined by the United Nations Development Programme. The subprocess that include demand maintenance and annual planning are related to the budgeting of repairs for properties.
asset = liability + owner's equity
real accounting, nominal accounting,personal accounting