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What does depreciation expense mean?
It is assumed that long lived tangible assets reduce in value over time. This reduction in value is hard to quantify economically, but is an acceptable reduction in income when calculating income tax. This reduction in value due to use or age of a long lived asset is called depreciation. The reduction or offset against income is called depreciation expense. Usually this is not an expense that requires the immediate expenditure of cash, but is called a non-cash expense deducted from income before calculating income tax. Generally the depreciation expense amounts are calculated from formulas promulgated by tax regulators to either model actual economic depreciation, or to motivate certain economic behaviors by allowing favorable tax treatment for the favored activities.
When Adjusting entries are required?
Adjusting entries are required to implement the accrual accounting model. Because accruals involve recognition of expense or revenue before cash flow.
Adjusting entries are required when because?
Adjusting entries are required to implement the accrual accounting model. Because accruals involve recognition of expense or revenue before cash flow.
Is it good business practice to always request a W-9?
Yes, unless your business model relies on hiring illegal aliens at low wages.
What are the benefits of using a vendor managed inventory?
Vendor managed inventory refers to a business model in which the business informs the supplier about desired inventory. By fostering this communication, there is less of a chance that the business will go out of stock of the item.
What is ICDT business model?
Information, Communication Distribution and Transaction
Are USA postal rates going up in 2012?
In my opinion, yes. The postal business model is failing, so their only options to maintain existence is increase fees and reduce operational expense.
Distribution model definition?
This is a common term within the business and sales world. A distribution model, by definition, is "the manner in which goods move from the manufacturer to the outlet where the consumer purchases them."
Which best describes what a franchise does?
A franchise ensures wide distribution of a franchisor's trademark, business model, and goods. A franchise protects a franchisor against companies imitating its trademark, business model, and goods. A franchise stops franchisees from using a company's trademark, business model, and goods. A franchise limits the use of a franchisor's trademark, business model, and goods.
The business model that a company follows?
The business model that a company follows depends on the businesses strategy. Every business doesn't have the same business model.
What the eBay business model?
Ebay is a huge business. business model is online shopping.
What is ICDT model?
Information, Communication Distribution and Transaction
Can you provide a simple comparison of a business plan vs a business model?
A business plan is an extensive plan the seeks funding; a business model is an operational business that functions in a cycle. Retailing is a business model. A plan for a new retail store is a business plan.
How do you earn in online business and all details of online business?
Here are some of the important business models that you can find on the Internet: PRODUCTION MODEL MERCHANT SHIPPING MODEL ADVERTISING MODEL AFFILIATION MODEL: BROKER MODEL: INFORMATION MODEL SUBSCRIPTION MODEL UTILITY MODEL COMMUNITY MODEL When you decide to do business online, it is important to determine which of these business models or ideas interests you the most. Which model are you most suitable for? In which of these business ideas are you most likely to be considered an expert, or where do you want to become an expert? Visit Shopexy for more Information
When making a model if you reduce or enlarge all sizes of the parts an equal you have a what model?
A scale model
What does the term B2G in business model stands for?
what does the term B2G stands for in business model?
What are the assumptions of the multiple nuclei model?
Land is FlatEven Distribution of ResourcesEven Distribution of people in Residential areasEven Transportation Costs
