assets are usually valued under which basis

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: What are the criteria of an assets held for sale?

A: Step 1   If any of the assets is held for sale then, it ceases to depreciation and amortization and…

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: Define the term nonmonetary assets.

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

Q: n what way do assets differ from liabilities?

A: Solution: Asset is a resource owned by the business having some economic value with expectation of…

Q: WHAT IS CONTRACTUAL LIFE OF ASSETS?

A: An asset is a resource of economic value which is own by an individual and a company and provides…

Q: Assets created by payments that expire as they are used are called?

A: The assets are resources that are owned by the individual or organization. The assets are in…

Q: distinguish between current and non-current assets, and current and non-current liabilitie

A: Any asset which is convertible in terms of cash within a time duration of one year is a current…

Q: Discuss the rationale of using total assets as a basic in determining materiality.

A: The concept of materiality is fundamental to the entire audit process and is applied by auditor.  1.…

Q: How can the Gains and Losses on Depreciable Assets be determined?

A: For calculation of gains or losses on depreciable assets, written down value of the assets at the…

Q: What are the two types of claims against assets?

A: Asset is a resource from which the company expected to generate future economic cash flows which can…

Q: What do statutes and accounting rules mandate about assessing an asset's span of economic value?

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: In what way do current assets and fixed assets differ from each other?

A: Introduction: Balance sheet: All Assets and liabilities are shown in Balance sheet. It tells the net…

Q: How do you identify an asset with reference to AASB? How should an asset be recognized in the…

A: Assets are those which have future economic benefit which flow into the organisation. These must be…

Q: Asset-Based approach in valuation

A: Assets are the future economic benefit of the company that is sacrificed in paying off the debt and…

Q: What is return on assets (roa ) ?? please comment own word.

A: Ratio analysis is based on the fact that a single accounting figure by itself may not communicate…

Q: Define a financial asset

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

Q: what is the group or composite life of the assets?

A: 1. Composite rate = ( Total Depreciation per year / Total Cost ) x 100 2. Composite life = Total…

Q: WHAT IS FUNCTIONAL OBSOLECENSE OF ASSETS?

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

Q: what is qualifying assets?

A: Manufacturing plants, power generation facilities and inventories requiring time to get into…

Q: How should an asset be recognized in the financial statement? How should asset be measured?

A: The balance sheet shows the resources controlled by the entity from past events from which economic…

Q: Distinguish between current assets and non-current assets, giving TWO examples of each type of…

A: Assets are the resources owned by an entity for running the daily operations of the business. These…

Q: The book value of an asset is defined as ______

A: The Answer

Q: What is the difference between liabilities and assets?

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

Q: Why do expenditure accounts have debit balances if assets are valued resources and asset accounts…

A: The Answer

Q: Describe the steps to record non monetary asset exchange.

A: Definition:   Non- monetary exchange: When fund transfers are not involved in the exchange and the…

Q: A) Differentiate between the ‘definition of assets’ and ‘recognition criteria of assets’ provided in…

A: ‘’Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Under what two conditions should investments be classified as current assets?

A: The investments should be classified as short–term investments if it satisfy the following…

Q: Consider the following graph. According to CAPM, which of the following assets is overpriced?…

A: The securities existing below the slope of security market line represents that portfolio doesn't…

Q: Describe the accounting problems associated with self-constructed assets.

A: Self constructed assets are those assets which the business elects to construct under its…

Q: normal balance of asset liability and equity

A: The balance sheet shows the financial position of the company that including the assets,…

Q: How do u calculate for total assets?

A: Introduction: Assets are resources owned by the company that is expected to generate future economic…

Q: Describe the terms of Contingent Assets with examples.

A: Contingent Asset are the assets which have not yet been realized, but they may realize upon…

Q: - return on assets Is:

A: Closing income tax Payable = Opening Income tax payable + Current year expenses - Income tax paid…

Q: Which of the following assets have definite physical share or identity and existence? [A]…

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

Portfolio Management

Portfolio management is the process by which an investor decides that how the person will invest in a variety of assets in order to get a desired return in the future. A portfolio means a pool of assets that includes securities, bonds, and other investment instruments which helps in risk minimization of the money that has been invested. In other words, it can be said that a portfolio means a combination of assets in which an investor decides to invest their money in order to get a lump sum return in the future or even a series of cash flow that the person is expecting at the end of their job life.