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Capital Equipment Leasing

Capital equipment leasing may be used by businesses and other users who lack the means to purchase equipment. Equipment leasing offers tax and cash flow benefits, as it allows companies to acquire equipment without the initial outlay of cash

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Where can one find more information about video conferencing systems?

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Asked by Wiki User

To find web based video conferencing try Go To Meeting software. This app allows you to meet with anyone anywhere in 3D and it can be done from the PC and access with VOIP services are included.

What is a person called who takes on a business risk for the sake of making a profit?

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Asked by Wiki User

Often times a person who takes risks ( using their own money in most cases ) is called an entrepreneur.

What services are offered by video conferencing facilities?

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Asked by Wiki User

Video conferencing facilities sell, organize, and maintain video conferencing devices that are tailored to the needs of a business. Technical and customer support is also available.

How does Meet Me conferencing work?

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Asked by Wiki User

"Meet Me" conferencing is easy to set up and can provide a virtual conference room for a variety of meetings. Once logged in, each participant will receive a phone number and a passcode. They can access the meeting from any location with a telephone.

Should call conferencing be mandatory?

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Asked by Wiki User

In certain business' call conferences should be mandatory because they are more efficient in communication from business to business. Smaller firms should not be mandated to use call conferences because it is not cost effective. However it is a better way of putting a face with a business transaction which can make both parties more at ease.

Are executory costs included in aggregate lease payments?

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Asked by Wiki User

No we will not incurred executory

costs in aggregate lease payments

Minimum Lease payments : Minimum rental payments + guaranteed

residual value + penalty

for not renewing or extending lease + bargain

purchase option


Minimum rental payments: Regular payment to lessor, exc'l

executory

cos

ts (ie.insurance,

maintenance, tax)

.


What accounting principle requires revenue to be reported when earned?

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Asked by Wiki User

In GAAP there are two basic accounting principles. The first being Accrual (which is the most commonly used) and the second being Cash Basis.

Neither stipulate that income has to be "earned" before it is reported. The difference in the two are:

Accrual basis accounting transactions are reported as they happen.

1. For example, a contractor gets paid to remodel a home, he's received the money for the job, but hasn't earned it, completed the work. Accrual account states that this transaction be recorded as a liability (unearned revenue) to the company until the revenue is earned.

2. Say the opposite is true in accrual accounting, the contractor finished the remodeling but isn't expected to be paid for it until later in the future. The company records this transaction as an asset (account receivable).

Now let's look at Cash Basis: Cash basis states that a transaction didn't actually happen until such time the money is received, period. Take example 1, a transaction in cash basis accounting is recorded because money was actually received, even though it hasn't been earned.

Example number 2 however, would be no recording of the transaction, although the job was finished, no money exchanged hands as of yet.

This is why many businesses use accrual accounting. Only small companies that generally deal in cash or small amounts tend to lean toward cash basis accounting and it is still not recognized as a very good method of accounting by the GAAP.

Can anyone give rounds for the event finance for a management fest?

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Asked by Wiki User

There are 3 rounds..in this event.

1. Win-win round; where we have to give an situation so that he/she should provide the answer in both win win manner

2. Win-loose round;

3.do or die round