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What is the process of the Cost Segregation Study?
The process of the Cost Segregation Study is one of identifying and reclassifying personal property assets to enable to shorten the tax depreciation time frame.
What does the term capital assets mean in accounting?
In accounting the term capital assets refers to an asset that is usually held for the purpose of contributing to earnings for a business over a long period of time.
What is the main purpose of charging depreciation?
the expired cost of fixed plant assets such as land, building, equipment, furniture and fixtures and automobile etc.., after a year is known as depreciation. it means that if you depreciate the value of any fixed assets you will be able to estimate its life for the future use..it can help you to estimate the total revenue earned by using that assets.
What is the difference between current assets vs total assets?
Current assets are those assets which is usable in current fiscal year while total assets includes assets other then current assets like long term assets as formula showTotal assets = current assets + fixed assets
What is difference between personal assets and company assets?
Personal assets is assets that are owned by a person. Company assets are assets that are own by the company.
What is the purpose of identifying it assets and inventory?
The purpose of identifying assets and inventory is so the value of the company can be accurately reflected. Assets and inventory need to be known for tax purposes.
What Identifying threats Reducing risk to an acceptable level Protecting a person's personal assets Protecting the organization's assets is not a part of risk management?
Protecting the organization's assets
What is the purpose of purifying a protein?
For the purpose of identifying it's SPECIFIC function.
Do you need to probate a will if there are assets?
That is the purpose of going into probate. It allows assets to be legally transferred.
What was the authors purpose for writing identifying generational differences and their causes?
The authors' purpose for writing and identifying generational differences and their causes was to make the readers learn and appreciate one another.
What is the purpose for valuation of assets?
to know the wealth of enterprice
The original purpose in constructing the MMPI-2 was?
Identifying psychological disorders
What is the purpose of freezing someone's assets?
to reduce crime
Is DNA fingerprinting used for finding criminals?
It is used for the purpose of IDENTIFYING subjects.
What is the purpose of the Army's Risk Management process?
Identifying hazards and controlling risk
Which of the following is not a part of risk management Identifying threats or Reducing risk to an acceptable level or Protecting a person's personal assets or Protecting the organization's assets?
Protecting a person's personal assets is not a part of risk management. Risk management usually pertains to companies and organizations.
Asset management?
Asset management is the process of identifying, acquiring, monitoring, and selling assets in order to maximize their value for the benefit of the stakeholders.
