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Oil
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What is a major economic activity in both Scotlands Highlands and Southern Uplands?
Fishing and sheep herding.
A future economic benefit owned or controlled by an entity is?
asset
Three factors that determine the intrinsic or economic value of an asset?
lpeklerk
What is a economic value?
the value of an asset deriving from its ability to generate income.
Define public sector?
the economic sector asset by government for public welfare.
What is the population of scotlands three biggest cities?
1450000
What is scotlands biggest export?
Oil, whisky, fish.
Scotlands 4 biggest cities?
Glasgow, Edinburgh, Aberdeen & Dundee
What is a major economic activity in both Scotlands Highlands and Southern Uplands?
Fishing and sheep herding.
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.
Data is considered as an economic asset like landlabor and capital?
why is data considered as an economic asset like land, labour and capital
Is the scotlands golden eagle brave?
Yes the Scotlands golden Eagle is brave
Distinguish between economic life and useful life?
the useful life of an asset is the period over which an asset is expected to be available for use by an entity whiles economic life is the period over which an asset is expected to be useable by one or users
Where are scotlands natural resources?
Most of Scotlands Natural Resources lie across the central belt and are coal.There is also oil and gas in the North Sea but this is disputed.Scotlands biggest natural resource has always been it's people who have crossed the globe and had not a little influence on the countries they have settled in.
A future economic benefit owned or controlled by an entity is?
asset
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 most significant accomplishment you have made in your career?
As an aspiring musician in Scotland, I have played Scotlands biggest touring venue for signed bands, the 02 Academy in Glasgow).
