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Study with Quizlet and memorize flashcards containing terms like Distinguish between ordinary repairs and capital expenditures during an asset's useful life., Under what conditions is goodwill recorded? What is the proper accounting treatment for amortizing goodwill?, Give an example of an industry that would be characterized by a high asset turnover and a low profit margin and …
4. Determined by law: Laws may impose some restrictions on the useful life of certain assets, but they do not generally determine the useful life of a plant asset. Answer 5. Never related to its physical life: This statement is not true, as the useful life of a plant asset can be related to its physical life, but it is not always the case.
9.31: What would happen to assets and net income if a company capitalized their research and development costs? A : Assets would be overstated but net income would be understated. B : Both would be correctly stated. C : Both would be overstated. D : Both would be understated.
The term that describes expenditures that make a plant asset more efficient or productive without necessarily increasing its useful life is betterments. Betterments is an expenditure that improve an asset's performance or efficiency, but do not necessarily extend its useful life.
An expenditure that increases the capacity or efficiency of a plant asset or extends its useful life. Capital expenditures are debited to an asset account. extraordinary repair. Repair work that generates a capital expenditure because it extends the asset's life past the normal expected life.
The useful life of a new plant asset _____. multiple choiceis the same as the asset's total productive life.might not exceed one year.might be estimated based on the experience of others or on engineering studies and judgment if the company does not have past experience with a similar asset.is determined by the IRS.
Crushers and breakers are used to reduce size of mined and quarried material for further processing or to size suitable for the intended end use. The goal of a crusher is to crush the …
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The useful life of a plant asset is: A. The length of time it is productively used in a company's operations. B. Never related to its physical life. C. It productive life, but not to exceed one year. D. Determined by the FASB. E. Determined by the law.
The useful life of an item of property, plant and equipment is: A. The length of time it is productively used in a company's operations. B. Never related to its physical life. C. Its productive life, but not to exceed one year. D. Determined by the FASB. E. Determined by law.
Find step-by-step Accounting solutions and the answer to the textbook question The useful life of a plant asset is: a. The length of time it is productively used in a company's operations b. Never related to its physical life c. Its productive life, but not to exceed one year d. Determined by the FASB e. Determined by law.
The useful life of a plant asset is. ... Sign up to see more! Consider the productive life of the asset, which is the duration of its effective use for company operations. Step 1. Plant Asset. View the full answer. Step 2. Unlock. Answer. Unlock. Previous question Next question. Not the question you're looking for?
Set to be released on the market in March 2022, the 1000 x 650mm J1065T tracked jaw crusher follows Omega's field-proven J1065M wheeled mobile crusher and J1065S modular static crushing plant. The J1065T is a cost-effective, all-electric-drive tracked jaw crusher well suited to quarrying, mining, and recycling applications.
A. Allocating the cost of a plant asset over its useful life is called depletion. B. Intangible assets are amortized. C. Allocating the cost of a natural resource to an expense is called depreciation. D. All of t; As an asset gradually loses its ability to provide benefits over its useful life, cash needs to be set aside to replace it.
Crushing plants are of great interest in reducing a particle size of rocks and ores as milling operations need to consider sustainable development. Since the crushing plants operate under …
Study with Quizlet and memorize flashcards containing terms like A depreciation method in which useful life is expressed in terms of the total units of production or the use expected from the asset., The process of allocating to expense the cost of a plant asset over its useful life in a rational and systematic manner., Expenditures to maintain the operating efficiency and …
Find step-by-step Accounting solutions and the answer to the textbook question The useful life of a new plant asset _____. A. is the same as the asset's total productive life. B. might not exceed one year. C. might be estimated based on the experience of others or on engineering studies and judgment if the company does not have past experience with a similar asset.
by the crushing plant, E is the capital return efficiency for the given region, D is the additional capital cost, A is the yearly volume of production, and Q is the pre-production cost. The pre …
additional costs of plant assets that do not materially increase the asset's life or productive capabilities. betterments capital expenditures that make a plant asset more productive; they often involve adding a component to an asset or replacing one of its old components with a better one and do not always increase an asset's life
a. They can be referred to as revenue expenditures. b. They maintain the expected productive life of the asset. c. They increase the production capacity of the asset. d. They primarily benefit the cur; Distinguish between revenue expenditures and capital expenditures during the …
Typical flowsheet of crushing plant Factors affecting crusher performance Figure 2 shows a number of factors that can affect the performance in ore crushing plant. However, these factors can be illustrated by three categories of influence: ore characteristics, equipment factor and operation factor.
Download scientific diagram | Factors influencing plant performance for a crushing plant [10]. from publication: Optimization Capabilities for Crushing Plants | Responsible production and...
Introduction. An aggregate crushing plant is a machine that processes a wide range of raw materials into high-quality aggregate, which is used in a variety of construction applications such as roads, buildings, and bridges. Designing an efficient crushing plant is critical to achieving maximum productivity, profitability, and sustainability in the aggregates industry.
According to IAS 16, subsequent costs are generally treated as an expense. However, when such costs are incurred to increase the plant assets' useful life, or enhance its productive capacity and operating efficiency, they are capitalized as part of the cost of the plant asset, rather than expensed outright.
The useful life of a plant asset is: Choose one answer. a. The length of time it is productively used in a company's operations. b. Determined by the FASB. c. Its productive life, but not to exceed one year. d. Never related to its physical life. e. Determined by law.
Total Productive Maintenance (TPM) adalah salah satu metode yang dikembangkan di Jepang yang dapat digunakan untuk meningkatkan produktivitas dan efisiensi produksi perusahaan dengan menggunakan ...
Answer to Solved The useful life of a new plant asset q,is the same as | Chegg