Cost principle - Study guides, Class notes & Summaries

QUESTION 1: NATURE AND ASSESSMENT OF NON-PATRIMONIAL LOSS (INJURY TO PERSONALITY) Study the case on Syce and Another v Minister of Police (1119/2022) [2024] ZASCA 30 and answer the questions below. Your answer must be presented in an essay format. It will be marked according to the rubric annexed with this question paper. You must attach the rubric immediately after your answer, and not at the end of the exam. a) Discuss the law that applies to unlawful detention in terms of section 59 of the Cr...

2024|2025 INTUIT BOOKKEEPING LATEST EXAM | QUESTIONS WITH CORRECT ANSWERS When choosing between two solutions, the one that will be least likely to overstate assets and income should be selected. Correct Answer: Conservatism Assumption States that an amount can be ignored if its effect on the financial statements is small and not misleading Correct Answer: Materiality Principle Once you adopt an accounting principle or method, continue to follow it consistently in future accounting peri...

Land An immovable and indestructible three-dimensional area consisting of a portion of the earth's surface, the space above and below the surface, and everything growing on or permanently affixed to it. Five Attributes of Land "PUFFS" Permanent Unique Finite Supply Functional Stationary Four Value Characteristics of Land "DUST" Demand Utility Scarcity Transferability Raw Land is in its natural state, prior to grading, construction, and subdividing. It is UN...

QUESTION 1: NATURE AND ASSESSMENT OF NON-PATRIMONIAL LOSS (INJURY TO PERSONALITY) Study the case on Syce and Another v Minister of Police (1119/2022) [2024] ZASCA 30 and answer the questions below. Your answer must be presented in an essay format. It will be marked according to the rubric annexed with this question paper. You must attach the rubric immediately after your answer, and not at the end of the exam. a) Discuss the law that applies to unlawful detention in terms of section 59 of the Cr...

Principle stakeholder - initiates project, assumes risk, provides funding - Answer- Owner Protect public health, safety and welfare - Answer- AHJ - Authorities Having Jurisdiction Address planning issues, determine design program, identify codes and regulations, produce procurement and construction documents, administer construction contract, *provide QA/QC procedures* - Answer- Design Team Entity that constructs a facility. Uses management abilities to gather labor forces, subs, and ma...

ECS2606 Assignment 1 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ... 1. Discuss and diagrammatically illustrate the fundamental balance principle. [10] Read the excerpt below and answer the question that follows: Africa has made significant strides in the growth of its solar energy industry in recent years, with the continent seeing an increase of over 1.8W in new solar installations,...

This document contains workings, explanations and solutions to the ECS2606 Assignment 1 (QUALITY ANSWERS) Semester 1 2024 (613420). For assistance call or us on 0.6.8..8.1.2..0.9.3.4......... 1. Discuss the implications of the first and second law of thermodynamics for the processes of production and consumption in the economy. [10] 2. Graphically explain the equimarginal principle by supposing a factory has two plants, one with steeply increasing marginal costs and one with more slowly increas...

appraisal - ANSWER-defined as an appraiser's opinion of value. Loan-to-Value Ratio (LTV) - ANSWER-is the percentage of value or sales price that a lender is willing to finance. Principle of Substitution - ANSWER-According to this principle, a commodity's value is influenced by the cost of acquiring a substitute or comparable item. Principle of Regression - ANSWER-The presence of lower-priced properties in the area will cause a decline in the value of the subject property. Principle...

Question 1 Not yet answered Marked out of 1.00 Flag question Question text What is the purpose of a SWOT analysis? a. To identify strengths and weaknesses b. To estimate sales volume c. To determine market potential d. To -establish a marketing plan Question 2 Not yet answered Marked out of 1.00 Flag question Question text Who innovates within the franchise system? a. Franchisor b. Franchisee c. Both the franchisor and the franchisee d. A third par...

Fiduciary Standard - correct answer-A legal standard that holds a licensee to the highest ethical standards that the law provides. Compensation Disclosure - correct answer-Institute professionals required to "disclose services to be offered and provided, related charges, and compensation." This principle is intended to define an Institute professional's communication responsibilities relating to the scope and cost of services offered and compensation received therefor. Principle 2 requir...