Answer:
C. A change from expensing certain costs to capitalizing these costs due to a change in the period benefited, should be handled as a change in accounting estimate.
Explanation:
The statement above describes or the other hand talks about expenditure and capitalization.
Therefore, expenditure is explained as either capitalized as a cost of the asset on the company’s balance sheet or it is expensed in the income statement of the incurred period.
Under IFRS, the following rules govern the categorization of the expenditure as an asset:
If the expenditure is expected to give economic benefits in future over several accounting periods.
If one can measure the cost reliably. Also, increases the assets on the company’s balance sheet.
Recorded on the cash flow statement as a cash outflow for investing.
Answer:
From the strategies provided, the correct debt strategies that will help a corporate borrower eliminate credit risk are strategy 1 and strategy 2, which are; Strategy #1: Borrow $1,000,000 for three years at a fixed rate of interest of 7%. and Strategy #2: Borrow $1,000,000 for three years at a floating rate of LIBOR + 2%, to be reset annually. The current LIBOR rate is 3.50%.
Answer:
Explanation:
An interviewer is asking this type of question to Kaleb to see if Kaleb can analyze the situation and propose alternatives
This is done to analyze the reasoning and decision-making abilities of Kaleb which is very much important. It helps an interviewer to know whether an interviewee has any decision-making abilities or not. Thus, he asks thus type of question.
The right answer for the question that is being asked and shown above is that: "D.)the PPC will become steeper." If 200 people have been working on developing a new community that will feature houses and small businesses, if 100 people withdraw from developing the community, then D.)the PPC will become steeper
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Answer:
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Explanation:.In these type of organizations, a supervisor exercises direct supervision over a subordinate. Also, authority comes from the top-most person in the organization to the lowest ranked worker in these organizations.
