Replacement Cost Is Best Described as

An opportunity that occurs through change control. A synonym for economics of scale.

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If you had to appraise a property from 1910 you would be using the current cost of reproduction.

. A Your home is covered for 80 percent of its original value regardless of replacement cost. Consolidated pay which is not subject to any change regardless of the cost-of-living. A Operating costs for a new vehicle.

A programmer is writing a program to implement the frequent customer program. An uncertain event that may or may not occur. B The cost of losing an order to a competitor.

See the answer See the answer done loading. Asked Jul 30 2019 in Business by Dcanes30. The replacement of variable costs with fixed costs.

Relevant costs are best described as Select one. A The cost of an alternative course of action. A snack bar has a frequent customer program in which every 10th purchase is free.

Extending existing distribution channels to reach new customers. To complete and. A relevant cost is a cost that only relates to a specific management decision and which will change in the future as a result of that decision.

Using existing channels of distribution to introduce a new product. C Purchase price of new vehicle. Deriving tax benefits d.

Which of the following statements best describes the 80 percent rule. The employer must pay Employer NICs on this cost amounting to 36528. B Trade in value of old vehicle.

Depreciation can best be described as a method of a. C The cost involved in seeking new opportunities. The recovery of land that has been degraded by mining operations.

A problem that the project manager has to deal with on a day-to-day basis. Estimated cost of disposal. He receives an annual bonus of 1000 meaning that the company has paid a total of 11000 to Frank.

Allocating the costs of assets over their useful lives. The methods for estimating the cost of construction are. The relevant cost concept is extremely useful for eliminating extraneous information from a particular decision-making process.

The use of. Accumulating funds for the replacement of assets b. Estimated selling price less estimated c ost.

Who are the experts. D Purchase price of vehicle to be traded in. The cost it took to build it in 1910 would not be a factor.

C Replacement cost coverage is only. The amount at which the asset could be exchanged between knowledgeable and willing parties in an arms length transaction. Historical cost restated in terms of the current price level.

B Your home is covered for replacement cost provided the total premiums paid are less than 80 percent of the outstanding premiums due. 16 Fixed costs that may be avoided in the future are referred to as. Also by eliminating irrelevant costs from a decision management is.

Estimated selling pri ce less estimated cost. When standard costs are used in a manufacturing setting a products standard. PLZ HELP Which statement best describes land reclamation.

Register now or log in to answer. Increment to base pay in recognition of past work behaviour. Allocating the costs of assets over their useful lives.

Simply stated it means the cost to replace the property on the same premises with. Debris removal insurance is a section of a property insurance policy that provides reimbursement for clean-up costs associated with damage to property. The claiming of land by a mining company for mining operations.

Standard costs are often an integral part of a manufacturers annual profit plan and operating budgets. Relevant costs are best described as. The amount of cash or cash equivalents that could currently be obtained by selling the asset in an orderly disposal.

The is selling of previously mined land to private owners. 2 Square footage method. What Does Replacement Cost Mean.

Reducing the carrying cost of assets to current market values C. Inventories are usually written down to net realizable. In one code segment cost is set to 0 for every 10th purchase by a given customer.

D The cost incurred in training new staff. Which of the following best describes cost-of-living adjustment. Therefore the total or TRUE Salary Cost to the company is 1136528 10000 1000 36528.

Percentage increment to base pay provided to all employees regardless of performance. Depreciated replacement cost. The use of brand extensions.

A standard cost is described as a predetermined cost an estimated future cost an expected cost a budgeted unit cost a forecast cost or as the should be cost. Eg Frank earns a basic salary of 10000 per annum. The term replacement cost is defined or explained in the policy.

Policies with a debris removal provision. A major problem that requires formal escalation. A The cost of an alternative course of action.

29The concept of economies of scope is best described as. Customers are enrolled in the program when they make their first purchase. Unit-in-place method Unit-in-place calculates the added cost of single units installed.

The identification of land that contains large amounts of a natural resource. 17 Which of the following describes a sunk cost. Future costs that differ between competing decision alternatives.

Scheduling can best be defined as the process used. View Test Prep - ACCT5315 quiz 9docx from ACCOUNTING ACC 2123 at Maps. Which one of the following best describes a project issue.

An opportunity cost may best be described as which of the following.

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