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A cultural asset refers to elements of culture that hold value for a community or society, including traditions, languages, artworks, historical sites, and social practices. These assets contribute to a community's identity, heritage, and social cohesion, often enhancing economic development through tourism and cultural industries. Recognizing and preserving cultural assets is vital for fostering a sense of belonging and continuity among generations.
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What does asset mean what does asset mean?
asset is anything that appreciate in value over a period of time
What does residue value mean?
is it the value of what remains after depreciation from an asset
What does the term asset acceptance mean?
Asset Acceptance is one of the main ways that companies make up for their loans. This means that a company will take a person's assets as collateral over money.
Is cash float an asset or income?
asset
Depreciation is a process of cost allocation and not valuation What does this mean?
Depreciation spreads the cost of a fixed asset over the useful life of that asset so a portion of that cost is recognized as an expense in each period that the asset is in service. The original cost, less the accumulated depreciation is the net book value of the asset. The net book value may not represent the actual market value of the asset. Depreciation is not concerned with the market value but rather the value of the contribution that the asset makes to the business.
What does asset mean what does asset mean?
asset is anything that appreciate in value over a period of time
Why fixed asset are subject to depreciation?
fixed asset does not mean that the value of asset no decrease in future it,s for sure, that,s why we depreciate it annually.....
What does it mean to borrow against an asset?
Borrowing against an asset means using the value of that asset as collateral to obtain a loan. This allows the borrower to access funds based on the asset's worth, with the understanding that if the loan is not repaid, the lender can take possession of the asset.
What is mean by tourism asset?
An asset is something that you posses that is valuable. A tourism asset is a country, city, town or region that owns a feature such as the Great Pyramids that brings people and their money to their country.
What does the term finance lease mean?
The Term "Finance Lease" means that the customer will pick an asset such as a vehicle and the lender will purchase the asset. The customer will be able to use the asset while they pay installments or rental fees, with the option to purchase the asset.
What does residue value mean?
is it the value of what remains after depreciation from an asset
What does FAM Number mean?
"Fixed Asset Manager" number in Intuit Quickbooks. Must have the Fixed Asset Manager add-on to modify/manage.
What do you mean by performing asset?
An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
What does cultural factor mean?
social = cultural = social cultural factor
What do you mean by non-performing asset?
An NPA, or non-performing asset is a classification used by financial institutions that refers to loans that are in jeopardy of being in default.
What does social cultural factor mean?
social = cultural = social cultural factor
What does it mean to diversify a portfolio?
Having a number of different asset classes in the portfolio. Asset classes include stocks, bonds, currencies, commodities and cash equivalents.
