This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following methods of capital asset valuation is not considered an acceptable ... (Read 21 times)

drink

  • Hero Member
  • *****
  • Posts: 554
on: Jul 6, 2018
Which of the following methods of capital asset valuation is not considered an acceptable alternative under generally accepted accounting principles for a donated capital asset?
 
  A. Original cost
  B. Estimate cost
  C. Fair market value
  D. Book value to donor.

Question 2

A city's annual required contribution for the OPEB plan offered to their General Fund employees is 14,000 . The city does not choose to make the annual required contribution but instead will continue to pay postretirement benefits as they come due.
 
  The current year's benefit payments total 2,500 . The General Fund would recognize an expenditure of
  A. 0.
  B. 2,500.
  C. 14,000.
  D. 16,500.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jul 6, 2018
Answer to Question 1

D

Answer to Question 2

B


drink

  • Member
  • Posts: 554
Reply 2 on: Jul 6, 2018
:D TYSM

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Breast Palpation Methods, Wedge Breast Palpation Methods, Wedge
Research Methods Research Methods
Methods of Local and Regional Anesthesia Methods of Local and Regional Anesthesia
Methods of Cellular Transportation Methods of Cellular Transportation
Facilitated Diffusion: Absorption Methods in the Small Intestine Facilitated Diffusion: Absorption Methods in the Small Intestine
Active transport: Absorption Methods in the Small Intestine Active transport: Absorption Methods in the Small Intestine
Video: EpiPen Animation (Part 1)

For a complete list of videos, visit our video library