Quiz

financial assets generate net income to the economy, while real assets define the allocation of income Select one: True False

Which of the following statements best distinguishes the difference between real and financial assets?     financial assets appreciate in value; real assets depreciate in value.     real assets are tangible; financial assets are not.     real assets have less value than financial assets.     financial assets represent claims to income that are generated by real assets.

a)What is the basic principle in determining the price of a financial asset? b)Why is it difficult to determine the cash flow of a financial asset? c)Why are the characteristics of an issuer important in determining the price of a financial asset?  d)What are the two principal roles of financial assets?

Which of the following is NOT correct regarding the rate of return on assets? a. The rate of return on assets measures management’s ability to productively employ all its resources. b. The rate of return on assets measures the return on all assets used regardless of how the assets are financed. c. The rate of return on assets is a measure of profitability. d. The rate of return on assets measures the return on the investment made by the owners of the entity. is B the correct answer?

Which of the following does describe intangible assets? a. They are not lack physical existence. b. They are financial instruments. c. They provide short-term benefits. d. They are classified as long-term assets.

An asset is anything that is a resource of value that can be converted into cash. Individuals, companies, and even governments own assets. Explain the importance of the correct determination of an assets value and its effect on one of the financial statements.

Find the attached file.

why service industry not involved tangible assets and retail industry involved tangible assets?

3. What are the resources or things value owned by an enterprise? B. Equity C. Expenses A. Assets D. Liabilities 4. What do you call the transferring of cost of asset to expense? A. Allowance for Bad debts B. Accounts Payable C. Accumulated Depreciation D. Accrued Interest Payable

Which of the following is NOT true of revenue expenditure? It is an expenditure that keeps an asset in working condition. It is an expenditure which involves cash It will be debited from the statement of profit or loss It is an expenditure which affects the assets of the business.

Which of the following does describe intangible assets? They are not lack physical existence. They are financial instruments. They provide short-term benefits. They are classified as long-term assets.

Outline how you would incorporate the following into the CCAPM:a. Liquidity.b. Nontraded assets. (Do you have to worry about labor income?)

Theoretical Question of general accounting

Please explain Tangible and Intangible Assets. What are types of both? Also Intangible Assets are not depreciated but amortized. Please explain the difference. What kind of intangible assets are amortized? Do Tangible and Intangible Assets show up on the Balance Sheet, if they , is do please list the order they appear. For example Current Assets appear first and in order of liquidity is that correct? Please Show in order how Assets are recorded as well as explain the difference between Tangible and Intangible and what amortization is. Thanks!

What are the advantages and disadvantages of real assets?

What is the role of financial intermediaries in asset transformation? Briefly explain along with the types of asset transformation undertaken by the financial intermediaries.

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What is the common characteristic of all the assets owned by a company? A. Intangible B. Long Life C. Future Economic Benefits D. None of the above

_______Accounting concept is in valuation of fixed assets? A. Historical cost concept B. Dual aspect concept C. Entity concept D. Realisation

Assets are resources related to past transactions that are expected to provide a future economic benefit to the company.  True False

True or False _______ 1. Financial assets at amortized cost shall be measured at fair value through profit or loss. _______ 2. Transaction costs include fees and commission paid to agent, levies by regulating authorities, transfer taxes and duties. _______ 3. As a rule, transaction costs that are directly attributable to the acquisition of a financial asset should be capitalized as cost of the financial asset. _______ 4. Financial assets held for trading are reported at cost. _______ 5. The stockholder theoretically realized income from dividend at the data of record. _______ 6. As investee is an entity over which the investor has significant  influence. _______ 7. Trading bond investment are reported at face amount. _______ 8. A gain or loss on sale of trading bond investment is the difference between sale price and fair value. _______ 9. The interest rate written on the face of the bond is known as nominal rate. _______ 10. Major spare part and standby equipment which are expected…

Which of the following is not an element of working capital? a. inventory b.property, plant and equipment C. trade receivobles d.cash

Understand and employ the various types of accounts available to meet the goals of monetary asset management.     (I am supposed to Explain this. and I need work cited. But it CAN'T be from a website...please.)