ord increases and decreases in the fair value of an investment when accountants do not record increases and decreases in the fair

Q: what type of risk?

A: Factors or risk that affect the entire market is known as Systematic Risk. Changes in interest rate…

Q: Which of the following statements are true? Select one or more: a. MACRS must be used for book…

A: MACRS In the United States, MACRS (Modified Accelerated Cost Recovery System) is a form of…

Q: How may an accounting firm affect non-tax professionals' perceptions of a disputed topic with a…

A: Introduction: At the organizational level, ethical leaders foster trust through their behaviors and…

Q: Why should corporations have their real estate appraised on a regular basis?

A: Real estate is the property with the developments such as land and building, and the natural…

Q: Does the management of long term assets benefit the business in anyway? Are there tax benefits as…

A: Assets  is a resource which has economic value and gives benefit to the company directly and…

Q: What does the term​ "hazards of​ litigation" mean in the context of​ taxation?

A: Tax:   A tax is a compulsory charge or a levy imposed upon a taxpayer by a government organization…

Q: Intangible assets are certain nonphysical assets used in operations that confer on their owners'…

A: Non current asset: It implies to an asset having an expected useful life of more than a year and is…

Q: The tax treatments of assets affects the risk structure of assets True False

A: The composition of a company's asset helped in determining how the balance of long-term credits and…

Q: hy do companies choose to accelerate depreciation on their tax return and not on their income…

A: Depreciation is the decrease in value of assets and in accerlated method there is more depreciation…

Q: Unrealized losses on investments create a deferred tax asset in the period they first arise. O…

A: Meaning: Deferred tax is defined as tax effect due to timing difference i.e. difference between…

Q: How can we deal with Salvage value and gains tax:?

A: Depreciation: The term depreciation refers to the fall in the monetary value of assets due to its…

Q: is the temporary differrence of depreciation between financial accounting and taxation puposes…

A: In accounting, a temporary difference is a difference between an asset or liability's carrying…

Q: Can a project generate a negative taxable income for an operation firm?

A: A company that reports net income but negative cash from operations is attributable to a bad cash…

Q: Why might it be more advantageous for a taxpayer to demonstrate that they ... Why might it be more…

A: The correct answer for the above motioned question is given in the following steps.

Q: The purpose of Sec. 1245 is to eliminate the advantage taxpayers would have if they were able to…

A: Sec. 1245 and Sec . 1231 are sections of  U.S. Internal Revenue Code.

Q: is less Tax on Profit on Sale of Asset and less Operating Costs (revenue and expenses) or (other…

A: Capital Budgeting helps the company to check the viability of the project. It will help the company…

Q: 8. Which of the following statements is FALSE? A) In general, the difference between the cost of…

A: Capital budgeting: Capital budgeting is a financial technique that is used to evaluate long-term and…

Q: Companies are not required to, but have the option to, value some or all of their financial assets…

A: IFRS 9, deals with Financial Instruments. It provides for measurement and classification of various…

Q: Difference between the tax treatment of the purchase of a capital asset, such as a machine vs the…

A: There are various types of expenses which is incurred by the businessman in order to conduct it…

Q: For the example below, list and describe the input(s) (observable or unobservable) and valuation…

A: Level 1 - Quoted Prices in Active Markets: It includes inputs that are based on quoted prices in the…

Q: Analyze the truth of this statement: Under the cost method of accounting for investments, a…

A: Cost Method of Accounting for Investments: When it comes to recognizing particular investments in a…

Q: Given the frequently changing nature of depreciation and tax law,what must we use?

A: Depreciation: Depreciation refers to the reduction in the monetary value of a fixed asset due to…

Q: What dangers are there in misrepresenting the financial performance of your company?

A: The objective of this question is to understand the potential risks and dangers associated with…

Q: Which of the following is incorrect? O Straight line amortization of goodwill is simpler than…

A: Intangible assets are those kinds of assets which lacks the physical existence in nature and it…