What is meant by depreciable base? How is it determined?

Q: Define the term excluding depreciation?

A: Depreciation is the part of asset cost which is to be expensed over the life period of the asset.…

Q: What are the major factors considered in determiningwhat depreciation method to use?

A: Depreciation: Depreciation refers to the reduction in the monetary value of a fixed asset due to its…

Q: Describe the Depreciation methods?

A:

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A: The accumulated depreciation account is a counter asset account on a company's balance sheet, which…

Q: What are the differences between the cost and sales comparison approaches to appraising property?

A: If the cost approach is used, the appraiser set up an value for the location on which the…

Q: Explain why depreciation is provided?

A: The depreciation expense is charged on fixed assets as reduced value of the fixed asset with usage…

Q: at is the difference between depreciation and im

A: Depreciation: Depreciation is an accounting methodology of allocating the price of a tangible or…

Q: Define the term Accounting for Depreciation?

A: Depreciation:   It is the reduction in the value of an asset due to factors like normal usage or…

Q: Which one of the following is not one of the factors in computing depreciation? Cost price…

A: Depreciation means the loss in value of assets because of usage of assets , passage of time or…

Q: Define the term depreciation recapture?

A: Depreciation recapture is the earnings acknowledged by the offer of depreciable capital assets that…

Q: The factor that is not relevant in computing depreciation is

A: Depreciation is an accounting method used to allocate the cost of a tangible or physical asset over…

Q: What are some motives for divestitures?

A: The question is based on the concept of divestiture strategy, which is used by company to overcome…

Q: Which asset never depreciates in value?

A: Depreciation expense: Depreciation expense is the reduction in a particular asset due to its use or…

Q: Which of the following terms describes expenditures made to repurpose an asset?

A: The asset is the future benefit of the company that would have to be sacrificed to pay off the…

Q: What does accumulated depreciation represent?

A:

Q: WHAT IS FUNCTIONAL OBSOLECENSE OF ASSETS?

A: Functional obsolescence of assets is discussed hereunder : The term ' Obsolescence' refers to…

Q: Define and discuss survivorship bias and selection bias, and how they affect reported returns of…

A: Survivorship bias is a type of bias in which a person has a tendency to view the performance of…

Q: The cost of a depreciable asset is referred to as the

A: The Answer :

Q: Explain the term Treatment of Depreciation Expenses?

A: Depreciation is a charge calculated on the value of fixed assets, based on normal wear and tear due…

Q: What is the difference between depreciation and depletion?

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Q: Under what circumstances will you consider the reducing balance method as the most appropriate…

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Q: Describe the method of the asset's depreciation?

A: Methods of Depreciation: Depreciation refers to the reduction in the monetary value of a fixed asset…

Q: In what ways might a depreciable asset's estimated service life be influenced?

A: The Answer

Q: What is the difference between tangible and intangible assets?

A: Fixed Assets: Fixed assets are those assets which gives profit over a year of time. Whether it is…

Q: How do we decide whether to capitalize (record as an asset) or expense a particular cost?

A: Expensing a cost implies that it is included on the income statement and is subtracted from revenue…

Q: how to calculate deprieation

A: When fixed asset is purchased, it is recorded in books of accounts at it original or acquisition /…

Q: What factors must be known or estimated in order to compute depreciation expense?

A: Definition: Depreciation: Depreciation is a decrease in the value of the fixed assets over a period…

Q: What is the total loss on realization of noncash assets?

A: Noncash assets are assets that would not be easily converted into cash by the company.

Q: What is meant by depreciation for the cost approach?

A: The cost of the property should not be more than the cost of acquiring and building the property.…

Q: What contra account is used when recording and reporting the effects of depreciation? Why is it…

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Q: What are two advantages to basing the valuation of assets and liabilities on their historical cost?

A:

Q: Briefly discuss why research expenditure is expensed in profit or loss rather than capitalised as an…

A: Research Expenditure Research expenditures are basically the expenses incurred to a firm Company…

Q: What is depreciation? What are the different methods, and when would each be appropiate?

A: Depreciation is the term related with the usage of long lived assets. This term implies the…

Q: What is the objective in identifying the costs of an asset?

A: Asset:   It represents the tangible and intangible resources owned by the business for a particular…

Q: What is Depreciation calculation?

A: Depreciation: Depreciation Cost is the cost that is allocated over its life and it is charged as an…

Q: Under what circumstances should a loss contingency be accrued?

A: Loss contingency: Loss contingency is contingency where existing situation or circumstances where…