Don't Use Ai The revaluation model for PPE requires?[A] Annual revaluations only[B] Revaluations at regular intervals with sufficient frequency[C] One-time revaluation at management's discretion[D] Revaluation only when asset is impaired

Concept of Revaluation Model for PPE:The revaluation model is an accounting method used to measure…

Answered: The revaluation model for PPE requires?…

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter10: Cost Recovery On Property: Depreciation, Depletion, And Amortization

Section: Chapter Questions

Problem 1DQ

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Which of the following statements is true? a. The fixed asset turnover ratio assists managers in determining the estimated future capital expenditures that are needed. b. The average age of the fixed assets is computed by dividing accumulated depreciation by depreciation expense. c. If net sales increases, the fixed asset turnover ratio will decrease. d. A relatively low fixed asset turnover ratio signals that a company is efficiently using its assets.
The NPV method assumes that cash inflows associated with a particular investment occur when? A. only at the time of the initial Investment B. only at the end of the year C. only at the beginning of the year D. at any of these times
The third step for making a capital investment decision is to establish baseline criteria for alternatives. Which of the following would not be an acceptable baseline criterion? A. payback method B. accounting rate of return C. internal rate of return D. inventory turnover
If the sellers performance creates on asset (e.g., work in progress) that the customer controls as the asset is created, would the performance obligation be satisfied at a point in time or over time?
Suppose a firm makes the following policy changes listed. If a change means that external, nonspontaneous financial requirements (AFN) will increase, indicate this by a (+); indicate a decrease by a (−); and indicate no effect or an indeterminate effect by a (0). Think in terms of the immediate effect on funds requirements.
The expected period of time that will elapse between the date of a capital investment and thecomplete recovery of the amount of cash investedis called: A.The average rate of return period B.The cash payback period C.The net present value period D.The internal rate of return period
Which of the following discounts future cash flows to their present value at the expected rate of return, and compares that to the Initial Investment? A. internal rate of return (IRR) method B. net present value (N PV) C. discounted cash flow model D. future value method
Which of the following does nor assign a value to a business opportunity using time-value measurement tools? A. internal rate of return (IRR) method B. net present value (NPV) C. discounted cash flow model D. payback period method
a. Working capital; net working capital; net operating working capital b. Current asset usage policies: relaxed policy, restricted policy, and moderate policy c. Permanent operating current assets; temporary operating current assets d. Current asset financing policies: maturity matching, aggressive, and conservative e. Inventory conversion period; average collection period; payables deferral period; cash conversion cycle f. Cash budget; target cash balance g. Transactions balances; compensating balances; precautionary balances h. Trade (cash) discounts i. Credit policy; credit period; credit standards; collection policy; cash discounts j. Account receivable; days sales outstanding; aging schedule k. Accruals; trade credit l. Stretching accounts payable; free trade credit; costly trade credit m. Promissory note; line of credit; revolving credit agreement n. Commercial paper; secured loan
When using the NPV method for a particular investment decision, if the present value of all cash Inflows Is greater than the present value of all cash outflows, then _______ . A. the discount rate used was too high B. the investment provides an actual rate of return greater than the discount rate C. the investment provides an actual rate of return equal to the discount rate D. the discount rate is too low

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The revaluation model for PPE requires? [A] Annual revaluations only [B] Revaluations at regular intervals with sufficient frequency [C] One-time revaluation at management's discretion [D] Revaluation only when asset is impaired