Q2). In your opinion, is Historical Cost measurement concept is still relevant to account for majority of the company assets in this current environment? Support with THREE (3) reasons and illustrate
Historical cost measurement concept is still relevant to account for majority of the company assets due its simplicity in use, reliability, and objectivity.
Historical cost measurement concept refers to the practice of measuring an asset or liability based on its original acquisition cost. The historical cost accounting method is still relevant for accounting for the majority of company assets in the current environment. Here are three reasons why:
1. It's simple and easy to use: Historical cost accounting is simple to understand and use since it is based on actual transactions rather than subjective assessments. As a result, the financial statements of a company can be prepared easily and quickly using historical cost accounting.
2. It provides a reliable value: Historical cost accounting provides a reliable value for assets since it is based on actual transaction data. As a result, it can be used to estimate the value of an asset even if there is no active market for it.
3. It is objective: Historical cost accounting is objective since it is based on actual transaction data rather than subjective assessments. This helps to reduce the potential for bias or manipulation of the financial statements by company management. Hence, it can be relied upon by investors and creditors for decision making in investing and lending activities.
For example, let's say that a company buys a building for $500,000. The company's accountant would record the building's value on the balance sheet at $500,000, which is the building's historical cost. If the company wanted to sell the building, it would have to be valued based on its current market value, which may or may not be the same as its historical cost.
Learn more about Historical cost:
https://brainly.com/question/27622433
#SPJ11
THE ARTICLE IS THE SPACE RACE IS OVER BY PAUL KINGSNORTH PART A: Which statement best summarizes the 1950's attitude towards space colonization versus the modern view on colonizing other planets?
Answer:
A
Explanation:
People should avoid romanticizing the future and space colonization because it distracts from focusing on current problems on Earth is the statement best summarizes the 1950s attitude towards space colonization versus the modern view on colonizing other planets. Thus, option (c) is correct.
What is summarizes?The term summarizes refers to the whole content being in a short summary. The summaries are condensed versions of the paragraphs. The information is concise but complete. The summary's main purpose is to shorten the sentences with an outline of the important points.
According to the summaries, the future of mankind is bleak, according to "Paul Kingsnorth," a former green campaigner. He believes that global warming, melting polar ice caps, dwindling plants and species, and a burgeoning population are all wreaking havoc on the ecosystem. Things are becoming more challenging as the environment changes and the population grows.
As a result, the summarizes the 1950s attitude towards space colonization versus the modern view on colonizing other planets. Therefore, option (c) is correct.
Learn more about on summarizes, here:
https://brainly.com/question/20058250
#SPJ5
Your question is incomplete, but most probably the full question was.
A Space colonization is just as unrealistic and overly optimistic now as it was in the 1950s, but fewer people are as interested.
B Expansion justifies space colonization because it is a key solution to the earth’s overpopulation and damaged environment.
C People should avoid romanticizing the future and space colonization because it distracts from focusing on current problems on Earth.
D Space exploration and settlement is making a cultural comeback due to a new golden age of technological advancements.
Could someone tell me if these answers are correct? Please
Answer:
yup thas all correct
Explanation:
Answer:
All of it is correct
Explanation:
KAMIOy Le Lesson ord Folktale
The final lines of the folktale state: "And that is why there
are two things you can always count on running into in
this world: Misery and Death: La miseria y la muerte."
Write one to three sentences explaining the lesson of the
folktale
Answer and Explanation:
The excerpt from the folktale shown in the question above reveals a truth about life that must be followed and understood by everyone. The excerpt states that the two things that can be told in this world were death and misery, that is, the tale states that life is full of bad moments and that we must accept them, as it is not possible to live without them. In addition, the tale shows how these moments only end with death, which is everyone's destiny.
Which description of the passage is most accurate?
It introduces the argument that pet owners should choose wet food over dry, claiming that wet food is safer and more nutritious.
It presents the argument that the government must do more to protect consumers, claiming that pet food manufacturers intentionally mislabel their products.
It introduces the argument that pet owners may be harming the pets, claiming that raw food diets are dangerous.
It presents the argument that consumers need to educate themselves about pet nutrition, claiming that pet food labels are not always accurate or complete.
Based on the given options, the most accurate description of the passage is: "It presents the argument that consumers need to educate themselves about pet nutrition, claiming that pet food labels are not always accurate or complete." Option D
This description aligns with the statement made in the passage, which highlights the importance of consumer education regarding pet food nutrition and raises concerns about the accuracy and completeness of pet food labels.
The passage emphasizes the need for pet owners to take an active role in understanding the nutritional content of pet food products to make informed choices for their pets' health.
The other options do not accurately capture the main argument or claim made in the passage. The first option focuses on wet food vs. dry food, which is not the central argument discussed in the passage.
The second option introduces the argument about government intervention and intentional mislabeling by pet food manufacturers, which is not mentioned or supported in the passage. The third option mentions raw food diets as being dangerous, which is not the primary focus of the passage either.
Therefore, the most accurate description is the one that highlights the passage's main argument about consumer education and the potential inaccuracies of pet food labels. Option D
For more such questions on description visit:
https://brainly.com/question/3282789
#SPJ8
I need to know all the peotic devices with all easy explination and in a way that i can have it understood.
Grammar
1/
Complete the sentences with the correct form of the verbs in brackets.
1. If I.........(have) enough money, I would buy a smartphone.
2. If Mary had read the questions in the exam more carefully, she.........(do) much better
3. By the time Mike reads the message, it .........(be) too late to meet him.
4. If I were you, I ...........(not work) so late every day.
5. I won't train tomorrow unless my leg........... (feel) better.
6. if she...........(not fall), she would have won the race.
7. I'll let you know as soon as Sharon ..........(arrive)
Which is the best country from 3 given below ?
(a) United States
(b) India
(c) United Kingdom
Write an essay on "importance of wealth."
Answer:
In such a competitive society and the world, none of us can survive without money. We require funding to meet our basic needs, such as buying food, and other basic necessities of life, which are absolutely impossible to buy without money. Those people who are wealthy and have wealth in society, are considered respected and respected in society, however, a poor person is seen with a view of hatred of no good spirit.
Money enhances man's dignity in society and creates a good image of it. We all want to be rich by earning more money through all business, good jobs, good business, etc. so that we can meet the growing needs of modern times. However, very few people get the opportunity to fulfill their dream of becoming millionaires. Therefore, wealth is an object that holds significance throughout life. Money is needed for everyone, whether it is poor or rich and urban, or rural areas. People living in urban areas earn more money than people living in rural areas because people of urban areas are very easy to access technology and they have more sources, which increases their ability to earn money. Due to this, people of rural areas are lagging behind in development and urban areas become more developed.
Which of the following is FALSE about non-bank financial institutions in the United States? (For the purpose of this question, you may group credit unions with banks.)
a. Some non-banks issue government-insured deposits.
b. The major categories of U.S. non-banks include insurance companies, pension funds, securities firms, finance companies, and the government-sponsored enterprises.
c. Finance companies are sometimes funded by long-term debt.
d. Non-banks perform many of the same economic functions as banks.
The FALSE statement about non-bank financial institutions in the United States is: Some non-banks issue government-insured deposits.
So, the answer is A.
What are non-bank financial institutions?Non-bank financial institutions are financial institutions that offer financial services and banking services without a banking license. They also do not provide bank deposit insurance, as they are not banks.
Instead, non-banks frequently engage in different financial activities, including investment management, fund transfers, and money lending. Some non-bank financial institutions also provide insurance services, as well as other kinds of specialized financial services.
Non-banks perform many of the same economic functions as banks, such as financial intermediation and risk sharing.
Hence, the correct answer is A.
Learn more about financial institutions at:
https://brainly.com/question/32586408
#SPJ11
Restate this quote silence is the residue of fear help please
Answer:
Silence is the result of fear controlling us.Silence is the fear of speaking up.Explanation:
"silence is the residue of fear."
Many of us let our fears control us rather than being vocal about our thoughts or morals.
Here's two examples of the quote restated:
Silence is the result of fear controlling us.Silence is the fear of speaking up.
How does the information in the paragraphs below support the author's central idea in the text?
Meme Ortiz
Around the back is a yard, mostly dirt, and a greasy bunch of boards that used to be a garage. But what you remember most is this tree, huge, with fat arms and mighty families of squirrels in the higher branches. All around, the neighborhood of roofs, black-tarred and A-framed, and in their gutters, the balls that never came back down to earth. Down at the base of the tree, the dog with two names barks into the empty air, and there at the end of the block, looking smaller still, our house with its feet tucked under like a cat.
This is the tree we chose for the First Annual Tarzan Jumping Contest. Meme won. And broke both arms.
The details demonstrate the children live a hard life in poverty.
The details demonstrate the children have excellent medical care.
The details demonstrate the adults don't watch the children closely enough.
The details demonstrates that the adults are abusive to the children.
Answer:
A
Explanation:
I am guessing.
"books are the best of things, well used; abused, among the worst." restate
One fact about England
Answer:
Winchester was the first capital of England
plz mark me as brainliest
pls help me. .
All of the following are important when analyzing the perspective of the characters except...
what the character does
what the character says
what the character looks like
the character’s background
Answer:
c
Explanation:
hope this helps
1. The small baby cried when his mother was not holding him. 2. The tiny baby wailed each time his mother tried to lay him down. The second sentence is stronger than the first sentence because it gives more information about the mother. it uses modifiers and verbs it describes how strongly the baby cried. it makes a milder statement.
Answer:
C.it describes how strongly the baby cried.
Explanation:
Answer:
C
Explanation:
Since I said thank you to the person above me, then it's most likely right
Which provides additional information for main idea of an essay?
Answer:
The main idea of the essay is stated in a single sentence called the thesis statement. You must limit your entire essay to the topic you have introduced in your thesis statement. 2. Provide some background information about your topic.
Explanation:
True or False- Rosalia Vallejo enjoys speaking to Cerruti in English
False. There is not enough information provided to determine whether Rosalia Vallejo enjoys speaking to Cerruti in English or not.
This is a true or false question and requires a one-word answer. In order to answer the question whether Rosalia Vallejo enjoys speaking to Cerruti in English or not, one would need more information. The given question only asks for a true or false response, and there is no context given about who Rosalia Vallejo is or why she would be speaking to Cerruti.
Therefore, it is false to say that Rosalia Vallejo enjoys speaking to Cerruti in English because there is no way to know this based on the information given. A long answer may be required if more information is given and explanations are necessary.
To know more about Rosalia Vallejo visit:
brainly.com/question/31172684
#SPJ11
For two hours we are here. (Change into how question)
Answer:
How are we here for two hours?
Explanation:
Answer:
Explanation:
How are we here for two hours
How is the setting important to the story? A. The setting makes Zhmyhov bond with his family and friends. B. The setting makes Zhmyhov think of himself as a famous person. C. The setting makes Zhmyhov feel agitated and frustrated. D. The setting makes Zhm
Answer:
i think its D. The setting makes Zhmyhov feel wanted and appreciated.
Explanation:
i read the passage and that was the closest thing that i could use as an answer.
20 Financial institutions such as commercial banks provide services called (best answer) a. bankruptcy b. financial planning c. insurance sales d financial intermediation e agency
Financial institutions such as commercial banks provide services called financial intermediation. Option D is the correct answer.
Financial intermediation refers to the services provided by financial institutions, such as commercial banks, to facilitate the flow of funds between savers and borrowers in the economy. These institutions act as intermediaries by accepting deposits from savers and providing loans and other financial products to borrowers. Through financial intermediation, banks play a crucial role in channeling funds from surplus units (savers) to deficit units (borrowers), supporting economic growth and development. They also offer various other services like insurance sales and financial planning, but financial intermediation is the primary function of commercial banks.
Option D is the correct answer.
You can learn more about Financial institution at
https://brainly.com/question/29630223
#SPJ11
How is Orwell using the animals' response to the pigs' manipulation as a satirical critique of human behavior?
Answer:
Orwell uses the manipulation of pigs to satirize humans' ability to overthrow an oppressive system, creating another system as oppressive as the previous one.
Explanation:
I believe you are referring to "Animal Farm", the fable written by George Orwell, where we learn about a farm where animals decide to rebel, expel humans and control their own activities. Animals believe that humans are oppressive and harmful to them and for that reason, they rebel. When humans are expelled, it is decided that the pigs will be the leaders of the animals because they are very intelligent, however, the pigs start to be as oppressive as humans, which is ironic, because the animals exchanged one oppressive system for another they are oppressive.
Orwell uses this to lampoon the human capacity to be highly rational and intelligent, but not to be able to not exploit and oppress other human beings, especially in political decisions, where an oppressive government is overthrown so that another oppressive government can be established.
What is something you wish that they taught more about school?
Answer:
Shrekism
Explanation:
How were Munodi's lands and home different from the others in the area?
a. His were twice the size of everyone else's. C. His home was filled with art works and
expensive furniture. His lands were covered
with landscaped gardens.
b. He was antiquated, without the modern d. His were well built, well maintained, and
conveniences of his neighbors.
productive.
His were well built, well maintained, and conveniences of his neighbors.
In which situation would you make the MOST formal speech?
1.You are convincing your friends to go to a party.
2.You are introducing your band at a school dance.
3.You are class valedictorian and you are speaking at graduation.
4.You are making an important point to your parents.
Answer:
I believe it's the third one.
You are class veledictorian and you are speaking at graduation.
Explanation:
Hope this helps :)
.The color, odor, and density of a substance are
all
Answer:
Hello There!!
Explanation:
The answer is physical properties.
hope this helps,have a great day!!
~Pinky~
Read the claim below.
Developed countries should try to reduce the amount of oil used.
Select the piece of evidence that best supports this claim.
The statement oil is a non-renewable resource that is getting harder to find, even as the world's demand for it escalates supports the claim in the developed countries.
What do you mean by non-renewable resources?A non-renewable resource is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels.
There are four major types of nonrenewable resources: oil, natural gas, coal, and nuclear energy. Oil, natural gas, and coal are collectively called fossil fuels. Fossil fuels were formed within the Earth from dead plants and animals over millions of years.
The resources which cannot be immediately replaced once they are depleted are called non-renewable resources. Examples of non-renewable resources include fossil fuels, such as coal, petroleum.
Learn more about non-renewable resources:
https://brainly.com/question/30131421
#SPJ2
Please help. Promise it’s quick.
Which pair of words gives the best example of a slant rhyme?
A. Lurch, pitch
B. Pour, more
C. Let, lush
D. Brisk, tomb
Answer:
C
Explanation:
Answer:
A
Explanation:
What are your opinions on the case of George Floyd? (Something for human justices class)
Answer:
More efforts need to be put in for developing cohesive community system and fair police and judiciary system as well
Explanation:
From this case it came into light moral policing can go incorrect. George Floyd was murdered and one of the Minneapolis police officer was at fault. This case showed that the system was flawed and some more ground work was required. The system should recruit police officers from all communities so that they can guard all the communities.
There must also be restriction imposed on officer training, Restrict the use of force against citizens and also create system that could investigate such misconduct.
How does the repetition of the line “It is July” affect the meaning of the poem?
It helps convey the slow and restful nature of the summer.
It suggests a feeling of high energy after a period of rest.
It acts as a reminder to wake up from the sleepiness that heat can induce.
It helps indicate the finite quality of the season as autumn approaches.
Answer:
A) It helps convey the slow and restful nature of the summer.
Explanation:
just took the testtt
The repetition of the line “It is July” that has an effect on the meaning of the poem was that it helps convey the slow and restful nature of the summer. Hence, Option A is correct.
What is repetition?Repetition is the straightforward repetition of a word within a few words without deliberate placement of the words to emphasise a point. It is a multilingual written or spoken device, widely employed in English and several other languages, including Hindi and Chinese, and is so infrequently referred to as a figure of speech.
A literary device called repetition is the repeated use of a word or phrase. All of literature uses repetition in some way. To generate rhythm or accentuate a word or phrase, it is most frequently used in poetry and speeches.
The idea that learning material is often retained better when it is shown to the brain repeatedly. Although there are variations and modifications, the repetition effect is a general learning principle.
Therefore, Option A is correct.
Learn more about repetition from here:
https://brainly.com/question/28084537
#SPJ2