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In accounting, impairment is a permanent reduction in the value of a company asset. It may be afixed assetor anintangible asset. When testing an asset for impairment, the total profit, cash flow, or other benefits that can be generated by the asset is periodically compared with its currentb...
9. I think doctors like House cling to objectivity like a three-year-old to a blanket. Don't get too worked up. Stay calm. Stay cool and maintain the correct perspective. The only flaw in their argument is that when you have millions of people dying, the correct perspective is to be ...
Whether you pay on time and in full each month is the most important factor in your credit score, accounting for about 35% of the total. Credit utilization. About 30% of your score is influenced by how much of your available credit card balances you’re using. For example, if you have...
Cost basis is the original price that an asset was acquired for, for tax purposes. Capital gains are computed by calculating the difference from the sale price to the cost basis. Several accounting methods exist to adjust the cost basis so that it is more favorable, but be careful to follow...
This functionality is referred to as dual currency. The changes for dual currency can't be turned off through a configuration key or parameter. Because the reporting currency is used as a second accounting currency, the way that the reporting currency is calculated in the posting l...
in the/var/adm/feefile. Each entry in the file consists of a user login name, user ID, and the fee. This file is checked by therunacctscript every day and new entries are merged into the accounting records. For instructions on running thechargefeescript to bill users, seeHow to Bill...
Solomon says that cash stuffing can be a great way to budget and spend money “because it helps curbcompulsive spendingand racking up credit card debt. The method also helps avoid the stress of mental accounting because you know where your money is going and that your bills have been taken ...
"Financial accounting is geared toward external users and stakeholders such as investors, creditors, regulators, and the general public, while accounting focuses more on the preparation and dissemination of financial information to an organization and its constituents, whereas finance focuses more on the...