important elements in forming a Special Purpose Vehicle (SPV)

Q: nd functionalit ery truck cam when should allenger and

A: Equivalent Uniform Annual Cost(EUAC) is annual cost computed by discounting cost with discounting…

Q: Service- industry example

A: Service industry: A service industry is an economic sector that delivers particular intangible…

Q: What is physical life of project?

A: Physical life of a project is the duration of time in which the project has been fully used and…

Q: the significance of protecting the environment.

A: Introduction: A healthy lifestyle necessitates a clean atmosphere. The more we disregard the…

Q: What are the benefits and costs of renovation?

A: Introduction: Renovation is the improvement process in which upgrades and repair of the property are…

Q: What are the importance of setting service standards

A: Service standards are important for potential customers, prospective consumers, staff, and…

Q: Explain why an organization should buy or lease when purchasing equipment.

A: Leasing involves the two parties, a lessee and lessor ,Whereas purchasing involves a buyer and…

Q: What does the equipment replacement investment decision involve?

A: Equipment replacement investment decision is an important form of capital budgeting decisions. In…

Q: Explain the importance of setting standards for delivery of service.

A: The corporation used to set standards for rendering services to its client to provide them greater…

Q: Define the term materiality concept.

A: Accounting concept:   They are the basic rules and assumptions that forms the base for recording the…

Q: What is a special order? How does operating capacity affect a special order? In what scenario would…

A: A special order mean a sales order which is in addition to the sales to regular customers of a…

Q: What is the purpose of physical contols

A: Physical controls are basically to safeguard the assets of the entity which are highly valuable. It…

Q: Define the term service company.

A: A service company is a business that generates income by providing services instead of selling…

Q: What are the objectives of application controls?

A: An application control consists of compactness and validity checks, identification, authentication,…

Q: Using practical example, describe how an exceptional item would be accounted for?

A: Ans. An exceptional item can be an income or an expense. These are those transactions that are not…

Q: What are the pre-requisites in forming a successful Special Purpose Vehicle (SPV)?

A: A special purpose vehicle is a separate company or an entity created by the parent company. The…

Q: Distinguish between tangible and intangible benefits.

A:

Q: Advise whether the machine should be sold

A: Book Value of Machine= Rs 1,10,000 Current Market Valur of Machine= Rs 80,000 Expected Salvage value…

Q: Discuss how the different between conceptual system and physical system and which function are…

A: Accounting Information System:  AIS collects, records, stores and processes accounting and other…

Q: What are the primary considerations that should be made when refinancing?

A: Individual consider refinancing of the loan because of the following reasons: Interest rates have…

Q: Explain the term Voluntary Conveyance

A: Voluntary Conveyance: Voluntary conveyance is defined as an elective transmission of title from one…

Q: What is the equipment replacement?

A: Under replacement, one is focused with equipment and machinery that worsens with the passage of…

Q: importance of setting standards for delivery of service

A: About Service :  A service is intangible product based transaction. Quality, efficiency and…

Q: Explain term Renovation and Refinancing with example?

A: A renovation loan is a type of loan that includes the amount of mortgage as well as the amount of…

Q: Example or what are the transactions that will increase "Equipment"?

A: Equipment is the non-current asset usually held by the entity for the purpose of running the…

Q: What should be the recorded cost of the van?

A: Given: List Price $30,000 Discount 15% Additional Discount 2% on net Price Sales Tax $400…

Q: Distinguish between Service Projects and Revenue Projects?

A: Service Projects: Service projects are those projects which are carried out for the welfare of…

Q: Define the term external users.

A: An external user is a person outside of an organization who does not directly run its operations and…

Q: hat are the ad

A: RFPs should be used when a project is sufficiently complex, requires a great deal of technical…

Q: Define the term Force account?

A: Financial Accounting:   It refers to the process of recording the financial transactions of the…

Q: aw materials available for use under

A: Amount of Raw Material available for Use and Raw material Issued and Remaining Raw material…

Q: d. Should the machine be purchased? Explain your answer.

A: Labor costs are the cost which are incurred to get the raw materials produced. The labor cost is a…

Q: Define the term appraisal costs.

A:

Q: What is the OLAP operation of drill-down?

A:

Q: Understand property, plant, and equipment and its related costs.

A: Business have several assets such as cash, inventories, accounts receivables, investments, PPEs…

Q: Explain an example of external users.

A: Financial Statement:   They are annual reports of an organization summarizing the financial…

Q: What amount should be used as the cost basis of the equipment?

A: Property, plant and equipment:   Property, plant and equipment are the tangible assets which are…

Q: Which categories are non value added activities?

A: Non value added activities are those activities that does not actually add value to the product or…

Q: What are the strengths and weaknesses of infrastructure as an asset class?

A: Infrastructure as an asset is an investment in services, installations, and facilities. There are…