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Why depreciation and amortization are treated as non cash items?

Depreciation an amortization are treated as non cash items because the actual amount of depreciation can not be known in cash terms..the depreciation does not lead to any inflow ore outflow of cash ....the amounbt of depreciation is jst deducted frm the actual value of the asset


What is terms of license?

Usually refers to the specific description of what the license allows, or specifies what the licensee can do, and includes the expiration date of the license (if it expires).


Which of these terms includes items such as gasoline and oil changes?

variable costs


Which of these terms includes items such as car payments and insurance?

fixed expenses


Depreciation is called as notional cost why and explain?

Depreciation is called a notional cost because it cannot be measured in real terms.


What does depreciate means?

Depreciation means the reduction price of the fixed assets by consumption. It is an expense for business. In layman's terms, as regards the depreciation of a car, for instance, depreciation occurs when something loses value over time.


Is Depreciation of lease to own equipment calculated based on useful life or lease terms?

no


What are the terms and conditions of a private software license agreement?

A private software license agreement outlines the terms and conditions for using a specific software product. It typically includes details on how the software can be used, restrictions on its use, ownership rights, warranty information, and limitations of liability. Users must agree to these terms before using the software.


What are the differences between amortization and depreciation?

These are two separate financial and business related terms. Depreciation regards the loss of value of product over time due to age, wear, and obsolescence. Amortization regards the payment schedule of those goods and services financed. Amortization and depreciation are related as financiers may calculate loss of value as part of the repayment. This is especially important when cars are leased, as the amortization amount takes into consideration loss of value.


What is the difference between hotel liquor license and restaurant license?

the terms and its conditions


What are the key terms of the GNU General Public License?

The GNU Free Documentation License is a copyleft License for Free Documentation


What is 'license' in Latin?

A Latin equivalent of the English noun 'license' is copia, in terms of 'license' as official permission. Another is licentia, in terms of 'license' as unwarranted freedom. The Latin equivalent of the English verb 'to license' is potestatem dare, in which the noun 'potestatem' means 'power' and the verb 'dare' means 'to give'.