Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 06 Jun 2017 My Price 14.00

Periodic cost associated with intangible assets.

Identification of Long-Term Assets Terminology

P1. Common terms associated with long-term assets follow.

a.    Tangible assets                                                       g. Depreciation

b.    Natural resources                                                   h. Depletion

c.    Intangible assets                                                     i. Amortization

d.   Additions                                                               j. Revenue expenditure

e.    Betterments

f.     Extraordinary repair

ReQUIReD

1.    For each of the statements that follow, identify the term with which it is associated. (If two terms apply, choose the one that is most closely associated.)

1.   Periodic cost associated with intangible assets.

2.   Cost of constructing a new wing on a building.

3.   A group of assets encompassing property, plant, and equipment.

4.   Cost associated with enhancing a building but not expanding it.

5.   Periodic cost associated with tangible assets.

6.   A group of assets that gain their value from contracts or rights.

7.   Cost of normal repairs to a building.

Answers

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Status NEW Posted 06 Jun 2017 07:06 PM My Price 14.00

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