which of the following is not necessary for the purpose of compiling average clause
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which of these is not a terminology used in insurance claims accounting
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Is a period of dislocation for which the insurance was effected and is normally fixed in the policy
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which of the following is a finance lease arrangement
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all these are treatment of finance charges except
A. actuarial method
B. straight line method
C. reducing balance method
D. sum of the year digit
Answer: C
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Is a contractual agreement between an owner, the lessor and another party the lessee which express the right to use the leased asset for an agreed period of time in return for a consideration
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According to SAS II, treatment and disclosure of lease transaction in the book of both
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Valuation of livestock and manorial right are carried out by
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one major problem with the determination of a plantation is
A. plantation does not commence early but the last day
B. plantation does not usually start to produce until after a long gestation period
C. plantation discourage of large scale production
D. plantation takes much profit before harvest
Answer: B
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In using appraised value method which of the following factor should be considered?
A. current market value mutuality factors and the marketability of livestock
B. Arable stock value and time of the stock
C. current market value &time value for money
D. Cost method &prudence method.
Answer: A
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