How Does GAAP Require Research & Development Costs to Be Recorded?

 Posted on Posted on: 21.08.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on How Does GAAP Require Research & Development Costs to Be Recorded?

The goal is typically to take new products and services to market and add to the company’s bottom line. R&D may be beneficial to a company’s bottom line, but it is considered an expense. After all, companies spend substantial amounts on research …

Capital asset pricing model

 Posted on Posted on: 21.08.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on Capital asset pricing model

A risk premium can also be attached to the hurdle rate if management feels that specific opportunities inherently contain more risk than others that could be pursued with the same resources. A common method for evaluating a hurdle rate is to apply th…

Valuation of Work-in-Progress: Techniques and Methods

 Posted on Posted on: 21.08.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on Valuation of Work-in-Progress: Techniques and Methods

For example, older houses and customized homes may have extravagant hand-carved woodwork or slate roofs. It’s going to cost more to replace these specific features and materials. If this applies to your home, insuring above the market value is a nece…

What is Building Maintenance?

 Posted on Posted on: 21.08.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on What is Building Maintenance?

Non-routine maintenance includes maintenance that is performed reactively or only when needed based on an asset’s conditions. Scheduled maintenance includes work that is scheduled on a calendar for completion. The most common type of scheduled mainte…

2.2 Objectives of maintenance management

 Posted on Posted on: 20.08.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on 2.2 Objectives of maintenance management

While swapping tapes is usually a short and easy job, the long term material costs associated with purchasing replacement tapes should be a consideration. Some detectors require stabilization time after maintenance before calibration can be performed…

Economic Order Quantity Model in Inventory Management

 Posted on Posted on: 20.08.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on Economic Order Quantity Model in Inventory Management

When first presented with a label of “Re-order” it looked weird to me but my Googling left me more confused that resolved on the matter. Merriam-Webster indicates that “reorder” applies to both ordering again, and arranging in a different order….

How to Figure a Profit Margin With Sales & Rent Revenue

 Posted on Posted on: 20.08.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on How to Figure a Profit Margin With Sales & Rent Revenue

To make up for the added expenses, they raise the price of the house. Buyers do not care about how much money you spent repairing the house or how long it took you. Make sure you price your house based on what the market says it will sell for…not how…

The Accounting Cycle Flashcards

 Posted on Posted on: 20.08.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on The Accounting Cycle Flashcards

This situation typically arises when a company sells to a customer on account. Selling on account means that the company provides goods or services to a customer not for cash, but instead for the right to collect cash in the future. -Use the Trial Ba…

What is Reliability?

 Posted on Posted on: 19.08.2020 Modified on: 11.01.2022Categories Bookkeeping 101  Leave a comment on What is Reliability?

On the Rosenberg Self-Esteem Scale, people who agree that they are a person of worth should tend to agree that that they have a number of good qualities. If people’s responses to the different items are not correlated with each other, then it would n…