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Is inventory an example of a long term asset?
Inventory is usually stocked for short term time period for one to three months so it is a current asset and never be considered as long term asset.
What is the abbreviation for Amortization?
The abbreviation for amortization is "Amort." This term is commonly used in finance and accounting to refer to the gradual reduction of a debt or the allocation of an intangible asset's cost over time.
Is goodwill a long term asset?
yes
Is a certificate of deposit a current or fixed asset?
Certificate of deposit if purchased for one year then current asset otherwise long term asset.
A long-term asset must have a useful life of more than a month?
No, a long term asset must have a useful life of more than a year
What is the difference between asset management and strategic asset management?
"Strategic asset management" could refer to "strategic asset allocation", i.e. long-term asset allocation - whereas "tactical asset allocation" refers to short-term investments.
Is machinery on an income statement or balance sheet?
Machinery is an asset of business and long term asset so it is part of long term asset in balance sheet.
Is inventory an example of a long term asset?
Inventory is usually stocked for short term time period for one to three months so it is a current asset and never be considered as long term asset.
Is long term debt asset or liabilities?
A long-term investment is considered a long-term asset, because a firm expects a probable future economic benefit to result from it.
What is asset impairment?
Asset impairment is a financial term. When the projected worth of the asset is less than its current worth, the asset is considered to be impaired.
Is an unpaid loan an asset?
No, it is a debt and therfore cannot be considered an asset. the only way to term it an asset is to be the lender.
Who made the square deal?
"Square Deal " was the term Theodore Roosevelt used for his domestic program. The main feature were control of corporations (restricting trusts to outlaw monopolies and unfair trade), consumer protection( such as protection of food and drug purity) and conservation of natural resources.
What is the abbreviation for Amortization?
The abbreviation for amortization is "Amort." This term is commonly used in finance and accounting to refer to the gradual reduction of a debt or the allocation of an intangible asset's cost over time.
Is prepaid rent a long term asset?
A Long-Term Asset is one in which the benefits of that asset extend beyond the course of a year. The benefits of prepaid rent are typically more immediate, and therefore Prepaid Rent is classified as a Current Asset.
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.
To what does the term coed refer?
to what does the term coed refer
What does the acronym RAIS stand for?
The acronym RAIS is a shortened term that is used to express its longer and more descriptive term of Risk Assessment Management System. This term is used in many short spoken conversations in the business world, generally dealing with assets and asset protection.
