What does improper utilization of resources and over investment in assets indicate? A Low Return on Investment B. Low Sales C. High Sales D. Depreciation of Assets
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- QUESTION 1 Which of the following events will NOT increase the demand for assets? A. Decline in wealth B. Increase in the asset return relative to other assets C. Increase in asset liquidity D. Decrease in the asset riskiness relative to other assetsHistorical cost is based on actual, not merely possible, transactions. It is the acquisition price of the assets. The managers only have to record all the assets and liabilities at their acquisition price. This results in; a. Less manipulations in financial statements b. surviving test of time c. making relevant economic decisions d. NoneThe analysis is most sensitive to changes in which component? a. Annual Revenue b. Initial Investment c. Salvage Value d. Cannot be determined from the information given
- ___________ is the possible loss of revenue resulting mainly from a decline in the revenue base. Group of answer choices Investment risk Debt-related risk Revenue risk Insurance riskProfit is earned on sale of asset when a. Sale price is less than Accumulated Depreciation b. Sale price is more than Accumulated Depreciation c. Sale price is more than book value d. Sale price is less than book valueMany intangible assets: a. are unimportant because they have no physical substance b. should be evaluated with ROI and other performance measures c. do not appear on the balance sheet since it is difficult to place a reliable financial value on them d. can be measured and managed with current financial control systems
- Which of the following is not a factor in selecting a depreciation method? a. salvage valueb. repair and maintenance costsc. Inflationd. the risk associated with the cash flows from the assetWhich of the following expenditures would be included in the cost of a fixed asset? Oa. Sales taxes Ob. Vandalism Oc. Uninsured theft Od. Mistakes in installationWhich accounting concepts requires non-current assets to be valued at cost less accumulated depreciation, rather at their enforced saleable value a. Prudence b. Relevance c. Comparability d. Going concern
- Which of the following statements is correct? O Intangible assets used in the operation of a business are always long term O Some intangible assets convey exclusive rights which are represented only by tangible physical substance O Intangible assets are obtained in two ways: acquisition from an external source or internally developed O The process of recording the expiration of the economic benefits of an intangible asset is called depletionDepreciation does not measure the decline in market value of an asset each period. True FalseWhich of the following observations refers to the term differential? Select one: a. Excess of investment amount over fair value of net assets b. Excess of Investment amount over book value net assets c. Excess of fair value over book value of net assets d. Excess of fair value over historical cost of assets