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A performance bond is typically not considered a conventional asset because it represents a guarantee of performance rather than a tangible or liquid resource. It serves as a security measure that ensures a party fulfills their contractual obligations, and its value is contingent upon the completion of the project or service. However, in financial reporting, it may be disclosed as a contingent asset or liability depending on the context and the likelihood of its realization.
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Is service rendered considered an asset or owner's equity?
an asset
what is a example of an asset?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
What is an example of a current asset?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
Is withdrawal considered an asset?
It is a liability
Is a prepaid asset considered an intangible asset?
No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.
What is the symbol for Western Asset Bond Fund in the NYSE?
The symbol for Western Asset Bond Fund in the NYSE is: WEA.
In what year did Western Asset Bond Fund - WEA - have its IPO?
Western Asset Bond Fund (WEA)had its IPO in 2002.
What is asset management performance, and how does it differ from asset performance management?
Asset management performance refers to the overall effectiveness of a company's asset management strategy, which includes asset acquisition, maintenance, and disposal. This strategy is typically guided by a set of policies and procedures aimed at maximizing the value of the company's assets over their entire lifecycle. Asset performance management (APM), on the other hand, is a subset of asset management that focuses specifically on the maintenance and performance of physical assets. While asset management performance encompasses the entire lifecycle of an asset, from acquisition to disposal, APM is primarily concerned with optimizing asset performance, reducing downtime, and improving maintenance practices. Both asset management performance and APM are critical to the success of a business, as they enable companies to maximize the value of their assets, reduce costs, and remain competitive in their respective industries.
What is the market cap for Western Asset Bond Fund WEA?
As of July 2014, the market cap for Western Asset Bond Fund (WEA) is $176,849,782.08.
How to make performance bond?
There is not a way for the general public to make a performance bond. A performance bond is issued by an insurance company or a bank.
Is land considered an asset in financial accounting?
Yes, land is considered an asset in financial accounting.
Is service rendered considered an asset or owner's equity?
an asset
Is a government bond an asset?
Yes, a government bond is considered an asset. It represents a loan made by an investor to a government, which promises to pay back the principal amount along with interest over a specified period. Bonds are classified as fixed-income securities and can be traded in financial markets, making them a key component of many investment portfolios.
what is a example of an asset?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
Is a performance bond and warranty bond the same?
no
What is an example of a current asset?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
Are repairs on a vehicle considered a fixed asset?
If repair improves the performance of fixed assets and massive improvement then it is part of fixed assets otherwise revenue expense.
