One of the following verbs corresponds to this definition: "a financial process by which a debt is gradually extinguished by means of periodic payments that may be equal or different". A) Capitalize B) Amortize C) Accrue D) Depreciate
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10.-
One of the following verbs corresponds to this definition: "a financial process by which a debt is gradually extinguished by means of periodic payments that may be equal or different".
A) Capitalize
B) Amortize
C) Accrue
D) Depreciate
Wich?
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- 7.-In finance, the expression "amortize" is used to denominate a financial process by means of which a debt is gradually extinguished by means of periodic payments that can be equal or different. true or false?1.-In finance, the expression "capitalize" is used to denote a financial process by which a debt is extinguished, gradually, by means of periodic payments that may be equal or different. true or false?3. Transaction costs incurred the effective interest rate to be used for amortization of an investment in debt security accounted for as A. Increase; Fair value through profit or loss Decrease; Amortized cost C. Increase; Fair value through other comprehensive income D. Does not affect; Amortized cost В.
- 4.-In the amortization tables, the interest is calculated from the outstanding balance at the beginning of the capitalizable period. true or false?27-Which one of the following is an example for 'Deferrals'? a. Provision for doubtful debt b. Depreciation c. Unearned revenue d. Outstanding expensesWould I subtract assets from liabilities?
- 6.-In the amortization of credits, the interest must be paid at the end of each period calculated on the balance of the capital owed (unpaid balance). true or false?A) total debt - is that then the same as total liability? (just differently worded?)What is the difference between 'total' and 'current' in this context?41.Which of the following shall be taken into consideration when measuring and recognizing impairment loss on receivables?A. Past experiences on the collectability of the receivablesB. Present condition of the debtor, including the present economic environmentC. Future expectations based on information that are available without undue cost and effort a. A, B and C b. A and B only c. A only d. B only
- T 0r F 53. When debt is retired prior to its maturity date, a gain or loss must be recognized for the difference between the carrying amount of the debt security and the amount paid. 67. A provision should never be discounted to the present value of the expected cash outflows needed to settle the obligation 75. A contingent asset is an accrued account. 42.According to PAS 37, an entity shall recognize contingent assets that are probable.Which of the following is generally associated with payables classified as A/P? (A) Periodic payments of interest (B) secured by collateral a. Neither b. A and B c. A d. BThank you! Do you mind rewriting that out as Beginning notes payable+Additions-Deduction?