Which of the following accounts is an asset? a. Salaries expense. b. Accounts payable. c. Service revenue. d. Prepaid expense. Assets: Assets are valuable items that are owned by an entity whose economic benefits are availed in the future. Machi...
Which of the following is considered a "nonrecurring item"? a) Impairment of assets b) Restructuring charges c) Extraordinary item d) All of the above Consider the following balance sheet item: Patent. Determine its appropriate classification...
aOne example is the stock option, which we considered in Chapter 5. Movements in the price of the underlying asset, the stock, drive the value of the derivative instrument, the option. 一个例子是高级职员优先认股权,我们在第5章考虑。 运动在部下的财产,股票的价格,驾驶衍生物仪器的价值,选择。
Which of these assets is generally considered to be the most liquid? A. Buildings B. Land C. Finished goods inventory D. Accounts receivable Liquidity of Assets: In the parlance of accounting and finance, the liquidity is a charac...
Offset (an item of expenditure) as an expense against taxable income Up to $17,500 in capital expenditures can be expensed in the year they were incurred Something spent to attain a goal or accomplish a purpose An expense of time and energy on the project. ...
D.An asset with a fair value of $25,000 was acquired under a finance lease on 31 March 2015 点击查看答案&解析手机看题 单项选择题 The IASB’s Conceptual framework for financial reporting defines recognition as the process of incorporating in the financial statements an item which meets the ...
aA majority of netting may occur across instruments of different asset classes which may be considered to have only a small correlation. One should note that this would still create a positive benefit. Indeed, for a simple example in Appendix 3.A we show the reduction corresponding to the case...
An ETP may trade at a premium or discount to its net asset value (NAV) (or indicative value in the case of exchange-traded notes). The degree of liquidity can vary significantly from one ETP to another and losses may be magnified if no liquid market exists for the ETP's shares when ...
Are Retained Earnings Considered a Type of Equity? Retained earnings are usually considered a type of equity as seen by their inclusion in the shareholder's equity section of the balance sheet. Though retained earnings are not an asset, they can be used to purchase assets in order to help a...
Options Market: A market that allows participants to undertake positions in the derivative of an asset. Therefore, the option is not ownership of an underlying asset (though rights and obligations exist), but the option price (along with other inputs) fluctuates with the value (or lack of) ...