Trending Fixed Asset Management Discussions

SALVAGE VALUE is:‎

a) Realizable value of a fixed asset after deducting costs associated with its sale b) Scrap value or the value to a junk dealer c) The amount remaining after all d‎ ... See More

Answers:

21

Followers:

20

Views:

449

Vote Count:

11

What would be the estimated useful life of a second hand vehicles?‎

Estimated Life of a second hand vehicles‎

Answers:

1

Followers:

1

Views:

359

Vote Count:

0

Loss on disposal would be highest if the asset is depreciated using following method :‎

a. Declining Balance Method. b. Sum of the Years' Digit Method. c. Straight Line Method d. Does not matter which method is used.‎

Answers:

6

Followers:

8

Views:

216

Vote Count:

5

What is the best principal for charging depreciation of an asset?‎

Answers:

2

Followers:

2

Views:

192

Vote Count:

0

Gain on disposal of asset would be highest if the asset is depreciated using :‎

a. Declining balance method. b. Sum of the Years' Digit Method c. Straight Line Method. d. Does not matter which method is used.‎

Answers:

1

Followers:

3

Views:

198

Vote Count:

4

Why there would be change in depreciation amount of an asset in the mid term?‎

Answers:

1

Followers:

1

Views:

57

Vote Count:

0

What is a long lived asset?‎

Answers:

1

Followers:

1

Views:

84

Vote Count:

0

What is a short term asset?‎

Answers:

1

Followers:

1

Views:

66

Vote Count:

0

What is a contingent asset?‎

Answers:

2

Followers:

2

Views:

56

Vote Count:

0

What does "asset" mean? ‎

Answers:

2

Followers:

2

Views:

68

Vote Count:

0