0
What else can I help you with?
When is an asset classified as a current asset?
An asset is something that is considered to be a future economic benefit of the business a current asset is the same but that future economic benefit is expected to occur within 12 months.
Why it is that an asset is a asset?
There are three characteristics that define an asset, as follows:The entity obtained the asset in a past event/transaction.The entity has present control over the asset.Future economic benefit is expected to flow to the entity as a result of their possession of the asset.
Is prepaid rent is asset?
Yes, any expense paid in advance is current asset as the actual benefit will be taken in future time period.
Is the journal entry of receiving a phone bill an asset or liability?
phone bill is liability for business as it is payable in future and not an asset as the benefit of it has already taken by business.
What is an expired asset called?
An expired asset is commonly referred to as a "depreciated asset" or "fully amortized asset." It is an asset that has reached the end of its useful life or its expected economic benefit has been fully realized. In accounting terms, such assets may be removed from the balance sheet and recognized as having no remaining value.
What is lack of diversification?
Lack of diversification refers to an investment portfolio that is not spread out among different asset classes or securities. This increases the risk because the portfolio is more exposed to the performance of a single asset or market. Diversification helps to minimize the impact of market fluctuations on the overall portfolio.
What is the difference between asset allocation and diversification in investment portfolios?
Asset allocation refers to the strategy of dividing investments among different asset classes, such as stocks, bonds, and cash, to manage risk and achieve specific goals. Diversification, on the other hand, involves spreading investments within each asset class to further reduce risk by not putting all eggs in one basket. In essence, asset allocation focuses on the big picture of where to invest, while diversification focuses on spreading investments within those chosen areas.
When is an asset classified as a current asset?
An asset is something that is considered to be a future economic benefit of the business a current asset is the same but that future economic benefit is expected to occur within 12 months.
How do you make personal investment?
First, consider your risk tolerance, time period nad expected return; Second, do your asset allocation with a sufficient diversification; Third, manage your portfolio and rebalance the asset allocation.
What is the benefit of depriciation exp?
Reduced the velue of fixed asset
A future economic benefit owned or controlled by an entity is?
asset
What is best measure of risk for an asset held in isolation and which is the best measure for an asset held in a diversified portfolio?
Standard deviation; correlation coefficient
Why it is that an asset is a asset?
There are three characteristics that define an asset, as follows:The entity obtained the asset in a past event/transaction.The entity has present control over the asset.Future economic benefit is expected to flow to the entity as a result of their possession of the asset.
What is the best measure of risk for an asset held in a well-diversified portfolio?
The measure of risk for an asset in a diversified portfolio is greatly dependent on the type of asset it is. And to narrow it down further, the name of the asset is vital to a complete answer. The best answer on the information provided is what percentage of the portfolio does the asset comprise of the portfolio.
Which of the following is not a benefit of using GCSS ARMY?
Which of the following is not a benefit of using GCSS-ARMY.
Asset management?
Asset management is a broad and vital field that essentially refers to the systematic process of deploying, operating, maintaining, upgrading, and disposing of assets effectively. At its heart, it's about making the most out of everything a company owns, from physical items like machinery, vehicles, and buildings to intangible assets like software licenses, brands, or even data. The goal is to maximize their value, minimize risks, and ensure they contribute positively to the organization's objectives throughout their entire lifecycle. It involves a lot more than just tracking; it includes strategic decision-making based on data, considering everything from acquisition costs and operational efficiency to maintenance schedules and eventual disposal.
What happens when an individual asset in increased?
When an individual asset is increased, it can lead to greater diversification in an investment portfolio, potentially reducing overall risk. However, it can also increase exposure to risks associated with that specific asset, such as market volatility or concentration risk. Regular monitoring and adjusting of asset allocations may be needed to maintain desired risk levels.
