« previous next »

Author Question: The book value of a plant asset is determined by subtracting the accumulated depreciation from the ... (Read 57 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
on: Jul 5, 2018
The book value of a plant asset is determined by subtracting the accumulated depreciation from the cost of the plant asset.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

Enterprise funds report capital contributions separate from operating and nonoperating revenues and expenses. When does an inflow of resources constitute a capital contribution?
 
  a. when the inflows must be used to purchase capital assets or consist of capital assets
  b. when the inflows are grants restricted to use on capital projects
  c. when the contributions are from property owners
  d. when the inflow consists of donated capital assets


fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Details of plant population biology from repeat photography: (a) saguaro cactus in MacDougal Crater, Details of plant population biology from repeat photography: (a) saguaro cactus in MacDougal Crater,
Plant Embryogenesis Plant Embryogenesis
Plant Plant
Plant Plant
My Shamrock Counting Book 2023 My Shamrock Counting Book 2023
Body plan of a tomato plant Body plan of a tomato plant
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library