Define the term financial assets.

Q: Distinguish between financial assets and real assets for each of the following characteristics.

A: Solution- Financial assets consist of cash and other monetary assets and receivables in the form of…

Q: Define assets and types of assets.

A: Assets: An asset is a resource controlled by the enterprise as a result of past events and from…

Q: Describe term net asset value (NAV)?

A: Net asset value (NAV): It describes an entity's net worth, which is measured as the complete value…

Q: Distinguish between liquid and illiquid assets, and list some assets that are liquidand some that…

A: Liquid asset: It is a resource or asset that can be effortlessly transferred over into cash in a…

Q: Define financial data.

A: Financial Data means the unaudited salary explanations identifying with activity of the property for…

Q: What are the characteristics of a liquid asset? Give examples of some liquid assets.

A: A liquid asset resource is considered as something that an individual own can rapidly and easily be…

Q: Distinguish between assets and liabilities.

A: Step 1 Assets can be defined as the resources owned by the organization which is capable of…

Q: How can assets and liabilities be classified for a more informative balance sheet?

A: The balance sheet represents the financial position of the business with assets and liabilities on a…

Q: Explain the following measurement bases of the elements of financial statements and indicate how…

A: Basis of accounting, is the way through which the various financial transactions are recorded in the…

Q: Explain financial asset held for trading

A: There are many types of assets held by a firm on its balance sheet. Each type of asset has different…

Q: Define Current assets

A: Introduction: Assets are the properties acquired and managed by business as a result of past events…

Q: Explain the Principle of Investing in Financial Assets?

A: Securities are the financial assets that are traded in the financial or secondary or securities…

Q: Define the term net assets.

A: Net assets: The net assets are the difference between the total assets and the total liabilities of…

Q: compare financial assets and marketable investments

A: A financial asset is a monetary asset with a statutory right or possession assertion as its source…

Q: The following question pertain to the financial sta

A: substantive audit procedure are processes, steps, tests performed by auditors, which creates…

Q: Define Monetary assets and liabilities

A: SOLUTION:- The  term monetary assets and liabilities can be defined as the assets and liabilities…

Q: Define “Financial assets"; list them and explain their evaluation criteria in the balance sheet

A: A balance sheet is a financial statement that shows the assets, liabilities, and the shareholder…

Q: What is the Total assets?

A: Computation of Adjusted  Assets  Particulars                                                Revised…

Q: What are operational assets? Give example?

A: Operational assets: Operational assets are those assets acquired for use in the day to day…

Q: Define a financial asset

A: A contractual financial instrument is classified into financial assets and liabilities. They are an…

Q: Determine the Total Assets value

A: Assets show the company's balance and the valuable resource controlled by the company. Assets can be…

Q: Determine Total Assets value?

A: Introduction: Assets: Any resource having monetary value called as Assets. Assets are of two types…

Q: Differentiate between operating activities, investing activities,and financing activities.

A: Statement of cash flows: This statement reports all the cash transactions which are responsible for…

Q: WHAT IS TOTAL CURRENT ASSETS?

A: The current assets are the assets that can bw converted into cash within one year.

Q: Which one of these financial statement assets is the most liquid?

A: Financial statements are the statements that are prepared at the end of the accounting year. They…

Q: What is Asset Management?

A: Asset management (turn over) ratios compare an organization's assets with its turnover. Asset…

Q: describe diff erent types of assets and liabilities and the measurement bases of each

A: Assets are worthy resources that business owns to get future benefits. They are fixed assets which…

Q: Define how to record capital expenditure.

A: Capital expenditure: It refers to the amount spent on acquiring, maintaining, and improving the…

Q: The usefulness of the balance sheet is enhanced by classifying assets and liabilities according to…

A: A balance sheet is divided into three parts- Assets, liabilities and owner's equity. Each of the…

Q: Define revenue-producing assets.

A: Current assets: The assets which could be converted into cash within one year like accounts…

Q: Define the term financing activities.

A: Cash Flow Statement: Cash Flow Statement is a fundamental financial statement that renders valuable…

Q: Define financial assets and explain their valuation in the balance sheet.

A: Definition:

Q: Define and explain the relationship between Assets, Liabilities, Equity, Revenues and Expens

A: Corporation - An organization that has been registered as a corporation under a corporation act has…

Q: Define Monetary assets.

A: Definition: Assets: These are the resources owned and controlled by business and used to produce…

Q: Describe the Asset Management Analysis?

A: Asset management (turn over) ratios compare an organization's assets with its turnover. Asset…

Q: Classify Revenue or capital expenditure?

A: Introduction: Revenue Expenditure: Its a Recurring expenditure. Expenditure spent with in 12 months…

Q: Explain the difference between monetary and nonmonetary assets and liabilities.

A:

Q: Define Financial instrument.

A:

Q: Total Assets value?

A: Total assets is the value of the assets which company is having at a particular date which company…

Q: Distinguish between revenue and capital expenditures, and account for them.

A: Meaning of Expenditure Expenditure is the amount of various expenses incurred for the operations of…

Q: Describe some financial instruments

A: Financial instrument It is the contract that provides rise to the financial asset of 1 entity and…

Q: Explain the term “Financial Instruments” and give relevant examples.

A: Financial Instruments: Its a monetary contract between parties. A financial Instrument may be…