Select The Best Option That Describes Asset Quizlet

Select the best option that describes asset quizlet

Given the statements below, choose the most accurate definition of dividends. a) Cash or other assets an owner puts into the business. b) Outflow of resources to stockholders. c) Resources owned or controlled by a company.

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d) Cost of assets or services used to earn revenues. e) Assets earned from a company's earning activities. Emma lives on a tight budget. She saves money and also makes intelligent choices when spending it. Which statements describe Emma's financial skills?

Select three options. A) Emma is more prepared to meet her basic needs B) Emma is better able to avoid accumulating assets. C) Emma is better able to avoid accumulating assets. Which of the following best describes assets? A. They are equal to liabilities minus stockholders’ equity. B. They are considered to be the economic resources of the business.

C. They are all reported on the balance sheet at their current market value. D. They equal financing provided by creditors. · User: Which of the following best describes an asset?

A. Anything of value owned by the business B. Always equal to a liability C. Listed on the right-hand side of a balance sheet D. Something that a business owes Weegy: An asset is anything of value owned by the business. On a balance sheet, Assets = Liabilities + Owner's Equity. 1/ Which of the following best defines an asset?

Multiple Choice. Something with physical form that is valued at cost in the accounting records. An economic resource representing cash or the right to receive cash in the near future.

An economic resource owned by a. Which Of The Following Is An Example Of A Fixed Asset? Question 10 Options: A. Transportation Equipment B. Money-market Funds C. Cash In Hand D. Accounts Receivable E. Short-term Investments Q2.

Which Of The Following Is Generated Through Management Accounting Rather Than Financial Accounting? A. Profit And Loss Statement B.

Cash Flow Statement. Which best describes what financial planning skills ultimately enable an individual to do? What is included in an individual's personal assets? Select three options. money property OTHER QUIZLET SETS.

Exam 1. terms. jake_reid56 PLUS. Microbiology: Chapter 4 Study Guide. 31 terms. The business structure you choose influences everything from day-to-day operations, to taxes, to how much of your personal assets are at risk.

You should choose a business structure that gives you the right balance of legal protections and benefits. Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet.

Crowdfunding is a form of crowdsourcing and alternative ybdf.xn--b1aac5ahkb0b.xn--p1aiover US$34 billion was raised worldwide by crowdfunding. Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other.

· An asset is an economic resource that can be owned by an individual, company, or country. Assets are expected to provide future economic benefits like: Increased value for a company or country.

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Increased net worth for an individual Assets accomplish this by providing cash flow, reducing expenses, and/or increasing sales. Examples of Company Assets. · Asset: An asset is a resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit. Assets are reported on a. An option requires that you purchase the asset in question unless you sell the option first.

answered by MinE-E. Best answer. FALSE Explanation: This description matches a futures contract, not an option. An option gives you the right to buy (or sell) a security at a specific price on or before a certain date, but there is no. Which of the following assets is not a Section asset? a. Equipment used in a business. b. The unharvested crops of a farmer. c. Timber. d. Inventory. e. All of the above are Section assets.

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On Decem, Henry, a sole proprietor, sold for $65, a machine that was used in his business. The machine had been purchased in. · Answer A is best because assets are owned by the entity. Answer B is wrong becuase a particular asset may or may not equal a corresponding liability. Answer C is wrong because assets are typically listed on the left side of a balance sheet.

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Answer D is wrong because "what a company owes," describes a liablity, not an asset. Option no4 Loan from the bank is not an asset. Upvote (8) Downvote (0) Reply (0) Answer added by Sohail Farooq, Project Accountant, F. H Enterprises 7 years ago. Loan from "A", it is basically a long term liability. Upvote (3) Downvote (0) Reply (2). Chapter 2 Quiz 1. A current asset is best defined as: o the market value of all assets currently owned by the firm.

o an asset the firm expects to purchase within the next year. o the amount of cash on hand the firm currently shows on its balance sheet. o cash and other assets owned by the firm that will convert to cash within the next year.

o the value of fixed assets the firm expects to sell. 3. Option a is correct. Baker would credit Revenue. 4. Option a is correct. Debit cash, credit accounts receivable. 5. Option b is correct. Ernie recorded an asset for $20, 6. Option d is correct.

current liabilities and long-term liabilities.

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7. Option b is correct. property, plant, and equipment.

Select the best option that describes asset quizlet

8. Option b. · Real Estate and Tangible Assets. Tangible assets—ones you can physically see and touch—are grouped into their own asset class. Real estate is the most common type of tangible assets that people own, but commodities, like gold and livestock, also fall into this category. Generally, these types of assets can withstand periods of inflation. Which of the following best describes a liability?

A. Anything of value owned by the business B. Something that a business owes C. Listed on the left-hand side of a balance sheet D. Always equal to an asset 3.

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Which of the following best describes owner’s equity? A. Equal to the business’ liabilities less the business’ assets B. Which statements best describe the author’s purpose for writing this passage?

Select two options. to present background information about Nina to create a sense of suspense about Nina’s future to intrigue the reader with details about Nina to show how Nina was able to mislead people to persuade the reader that Nina was rich. Mexican muralism was the promotion of mural painting starting in the s, generally with social and political messages as part of efforts to reunify the country under the post-Mexican Revolution government.

It was headed by "the big three" painters, Diego Rivera, José Clemente Orozco and David Alfaro ybdf.xn--b1aac5ahkb0b.xn--p1ai the s to about s many murals with nationalistic, social and. A] Sales B] Accounts Receivable C Common Stock DI Accounts Payable [6 The first financial statement that is prepared is the: [A] Statement of Cash Flows. B Statement of Retained Earnings [C] Balance Sheet. D] Income Statement. 17] A type of asset in which a customer owes the company money would be a: [A] receivable.

[B] payable. [C] sale. Fixed Assets – Fixed assets include equipment, vehicles, machinery, and even computers. These assets generally have a useful life of more than one year and are usually more expensive business purchases.

Intangible Assets – Not all assets are physical. Some assets like goodwill, stock investments, patents, and websites can’t be touched.

Which one of the following regarding the book value of an asset is correct? It is the fair value of the asset if the asset is sold. It is the original cost of the asset minus the depreciation expense for that asset during the year.

Select The Best Option That Describes Asset Quizlet - Which Of The Following Is An Example Of Asset Allocation A ...

In its Decem balance sheet, the company reports the $69 million debt as → A $16 million current liability and a $53 million long-term liability on the. · Housing Bubble. The asset bubble that occurred in real estate in was fueled by credit default swaps that were used to insure derivatives such as mortgage-backed securities and collateralized debt obligations (CDOs).

Hedge fund managers created a huge demand for these supposedly risk-free securities, which in turn boosted demand for the mortgages that backed them. Which of the following describes the primary objective of the balance sheet? To measure the net income of a business up to a particular point in time. To report the difference between cash inflows and cash outflows for the period. To report the financial position of the reporting entity at a particular point in time. Discover. Lessons Discover video-based lessons organized by age/subject; Series Discover videos organized by themes; Earth School 30 Quests to celebrate, explore and connect with nature; Blog Discover articles and updates from TED-Ed; Create.

A Lesson Create your own video-based lesson; Student Talks Students can create talks on their own, in class or at home; Educator Talks Learn how. In finance, an option is a contract which conveys its owner, the holder, the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price prior to or on a specified date, depending on the form of the ybdf.xn--b1aac5ahkb0b.xn--p1ais are typically acquired by purchase, as a form of compensation, or as part of a complex financial transaction.

Select the best option that describes asset quizlet

True or False: the CFO is typically involved in only accounting and short term management activities and is no involved in the long term strategy of the company. A. True B. False Finance activities Treasurer-financial planning-capital budgets-s-t and l-t capital requirements-cash management and working capital--day to day operations Controller-financial statements and reports-financial systems.

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of ybdf.xn--b1aac5ahkb0b.xn--p1ai was created on Decem, with the enactment of the Federal Reserve Act, after a series of financial panics (particularly the panic of ) led to the desire for central control of the monetary system in order to alleviate financial crises. · In YouTube, assets are containers for metadata, reference material, ownership information, and policies connected with a specific piece of content.

In other words, assets represent your intellectual property in the YouTube rights management system. Note, that rules which apply to assets depend also on asset type.

If an asset is priced at a point above the SML it is overvalued. Save Question 8 (1 point) In the capital asset pricing model (CAPM), you derive a stock’s: Question 8 options: Beta, expected return (or cost of capital), and equity premium Equity Premium Beta Expected return (or cost of capital) Save Question 9 (1 point) In order to compute the statistical values in the capital asset pricing.

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A discrete-time variant, the Binomial option-pricing model, has also been developed to price options. An asset can be valued as a call option if the payoffs on it are a function of the value of an underlying asset; if that value exceeds a pre-specified level, the asset is worth the difference; if not, it is worth nothing.

· An asset is something containing economic value and/or future benefit. An asset can often generate cash flows in the future, such as a piece of machinery, a financial security, or a patent. · Which of the following best describes owner s equity Weegy: Owner's equity is the owner's interest or worth in the business.

It is equal to the assets less the liabilities. An asset is a resource that you own or control that is expected to produce future economic value. Assets are divided into various categories for the purposes of accounting, taxation and to measure the value or financial health of an entity. The following are a few major types of assets. 1. · Inventory--CURRENT ASSET. Machinery--long term asset (goes in property, plant, & eqpt) Prepaid rent--CURRENT ASSET.

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Select the best option that describes asset quizlet

RE: Which of the following are considered current assets? Accounts payable. Accounts receivable. Cash. Common stock. Inventory. · An asset acquisition actually means that the acquirer buys only those assets and liabilities specifically stated in the purchase agreement.

Thus, there may be a transfer of liabilities. However, it will not include undocumented or contingent liabilities; this is the main reason for an asset acquisition.

Asset step-up. · 1. Accounts Receivable 2. Land 3. Owner Withdrawls 4. Cash. Inventory and Prepaid insurance are current assets whereas Fixtures are Fixed asset. Upvote (0) NetSolution paid premium of $ for insurance policy covering 2 years. which of the following best describes this entry? Which of the following is an asset account?

Which of the following would not be a current asset? Recommended Jobs. Quizlet Plus subscription ($ per year) includes Quizlet Go features plus image uploading, voice recording, unlimited classes, additional diagram set options, the "Long-Term Learning" feature, and faster customer service support.) Last updated: October 4, Which of the following BEST defines an Asset? Components that can be converted to cash in the event of a budget shortage.

Hardware or software components that are still within their "useful life" period. Items that are valuable to the organization which would impact operations if lost. · Asset location is the strategy of matching the type of investment with the best type of account for the purpose of minimizing taxes. It should not be confused with asset allocation, but is equally important for long-term earnings. Investments that are likely to generate income should go into tax-deferred accounts such as IRAs and (k)s.

A) assets B) common stock C) preferred stock D) bonds Assets is a use of funds and is not a source 5.

The best indication of the operational efficiency of management is A) net income. B) earnings per share. C) earnings before interest and taxes (EBIT).

5 Types of Asset - Simplicable

D) gross profit. A) depletion B) amortization C) depreciation D) obsolescence. We made it much easier for you to find exactly what you're looking for on Sciemce.

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