Collateral may mean the acquisition of rights over either assets belonging to a borrower and/or the acquisition of rights against third parties. O a. True O b. False

Q: In a sale-leaseback transaction the owner of an asset sells it and immediately leases it back from…

A: Sale-Leaseback approach: In the sale-leaseback approach, the owner of the leased asset sells it and…

Q: Repurchase agreement is a collaterized borrowing. Is this true or false? Why?

A: Repurchase agreement is a collateralized borrowing because in this type of agreement the lender…

Q: Redeemable debentures can be described as__________ Select one: a. debenture secured by either…

A: Debentures: It is one of the types of debt instrument which is long term in nature and under which…

Q: For most long-term liabilities, an important consideration is that they are properly authorized.…

A: The long term liability is reported as a long term because they covers many years and the majority…

Q: Explain Options to Report Liabilities at Fair Value.

A: Introduction FASB introduces Fair Value Options to report assets and liabilities in fair value,…

Q: Explain the term Right of Entry: Lender in Possession?

A: The question is based on the concept of giving right of entry in case of mortgage arrangement in…

Q: The realized gain (loss) on sale of debt investments with an objective of collecting contractual…

A: Realized Gain: When an investment is sold for a greater price than it was originally acquired, this…

Q: Fair Value (Liabilities) What is Fair Value for a liability? What would be an e.g? Please Explain.

A: The objective of this question is to understand the concept of 'Fair Value' in the context of a…

Q: What is the arrangement that an SMSF must use for borrowing?

A: Self Managed Super funds (SMSF) are the superannuation trusts. These trust provides benefits to the…

Q: Obligations that may arise from past transactions only if certain events occur in the future are…

A: The objective of the question is to understand the concept of contingent liabilities in accounting.

Q: Which of the following is not considered as a cash equivalent? O A three-year treasury notes…

A: Cash equivalents generally includes Liquid Cash, bank accounts and marketable securities, with…

Q: Accrued liabilities are obligations for which there is no external transaction. Select one: True…

A: Accrued liabilities are also called Accrued expenses and these are the expenses that have already…

Q: Both the sellers and buyers of debt instrument benefit by engaging in forward market or…

A: Introduction:Interest-rate forward contract - It is a contract between the parties which fix the…

Q: A release clause in a note and deed of trust is activated by a.​the full satisfaction of the terms…

A: The release clause allows for the freeing of all or part of a property from a claim by the creditor…

Q: Transaction costs incurred the effective interest rate to be used for amortization of an investment…

A: Costs incurred during buying and selling any good or a service are generally referred to as…

Q: When using the fair value method, we adjust the reported amount of the investment for changes in…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: What can be considered collateral. What is collateral

A: Collateral is an asset or property that a borrower pledges as security for a loan or credit. If the…

Q: A(n) is where the debtor delivers personal property to the creditor to secure the debt. (one word)

A: bailment represent a legal relationship where physical position of the person property transferred…

Q: T 0r F  53. When debt is retired prior to its maturity date, a gain or loss must be recognized for…

A: As per our protocol we provide solution of one question only if you have posted multiple questions.…

Q: Contingent liabilities are obligations that may or may not materialize

A: Contingent liabilities are obligations that may or may not materialize will be explained:

Q: RUE OR FLASE? The effect of a lender agreeing to give the borrowing entity a grace period within…

A: Non Current Liability are long term liabilities where their payment is due  12 months  after the…

Q: What does the term debtor in possession mean?

A: Liquidation of partnership:   Liquidation of partnership is the process of selling all the…

Q: Amortgage agreement provides the lender with Nonpossessory B) Secured Unsecured D) Possessory…

A: Mortgage loans are very common in the buying of homes mortgage makes home buying quite easy for the…

Q: Mezzanine Debt is generally collateralized by O A first deed of trust O A high rate of interest O A…

A: Mezzanine debt is a financing instrument which is a hybrid of debt and equity. It has higher risk…

Q: why is insurance not included in the initial value of the asset?

A: Lets understand the basics.As per IAS 16 " property, plant and equipment", asset should initially…

Q: Which one of the following securities is collateralized (secured) by specific assets? debenture…

A: Mortgage bond is collateralized (secured) by specific assets.

Q: True or false  Simple interest is calculated on the principal and any accrued interest

A: Interest:   Interest is the cost of borrowing money-, in other words Interest is the amount charged…

Q: Discuss the priorities among the various parties who may have competing interests in collateral and…

A: Debtor refers to the entity who is a legal entity and the one who owes a debt to another entity. And…

Q: under what conditions a short-term obligation should be excluded from current assets

A: Please find the answer to the above question below:

Q: What do you mean by “Trust Deed” in context of debenture?

A: A trust deed moreover called a deed of trust could be an archive that's often used in Joined…

Q: When an owner or creditor sells securities to another, the transaction takes place in the Blank_…

A: The market for securities refers to the platform where various financial instruments such as stocks,…

Q: can goodwill be amoritized?

A: Goodwill: Goodwill is an intangible asset to the company. However, goodwill is recorded in the books…

Q: Fair Value (Liabilities) What is Fair Value for a liability? What would be an e.g? Please Explain.

A: The objective of this question is to understand the concept of 'Fair Value' for a liability in…

Q: Unless otherwise stated in the security agreement, if a debtor sells, exchanges or disposes of the…

A: Debtors -Any person or organization that owes money to a creditor is considered a debtor. The idea…

Q: When receivables are bundled and transferred to another organization that issues securities…

A: Securitization, a type of financial transaction, is the idea underlying the query. Financial assets,…

Q: What does the term noncontrolling interest mean?

A: This term is generally used when consolidated statement is prepared by the parent entity. There are…