Your company buys a car and its value goes down over time. what is that process called

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Answer 1

Answer: This process is called depreciation. It is defined as the reduction of the value of an asset with time due to factors like wear and tear. The car, in this case, is very susceptible to wear and tear therefore it will really depreciate no matter what. Depreciation is one cost that should be included in any accounting of assets.

Related Questions

Jim's Taco launched an advertising campaign for its new Guacamole taco by running anonymous full-page ads featuring basketball stars issuing mysterious challenges to one another. The ads were attempting to build curiosity without showing the product. This is an example of _____ advertising.
Bufford Corporation had reported the following amounts at December 31, 2022: sales revenue $184,000, ending inventory $11,600, beginning inventory $17,200, purchases $60,400, purchase discounts $3,000, purchase returns and allowances $1,100, freight-in $600, and freight-out $900. Calculate the cost of goods available for sale. Select one: a. $69,400. b. $74,100. c. $56,900. d. $197,700.
What is one way the government cannot influence income redistribution?
from the perspective of the employee, why is it so important to have employees who can critically think?
__________ utility is usually provided by producers rather than marketers. Possession Time Place Form

What is the establishment of a 4 enterprise by someone who lives outside a country called

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It's called a Foreign direct Investment

Most of the time Foreign Direct Investment made by individuals from a well developed country to business enterprises in a less developed country ( because they tend to have cheaper resources and cheaper workers)

Example of foreign direct investment is Japanese automobile's company investment to build their manufacturers in South East Asia

The trade winds from both hemispheres meet near the equator in a region that has a weak pressure gradient. This region is called the A. polar easterlies B. prevailing westerlies C. horse latitudes D. doldrums

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Answer:

The correct answer is d) doldrums

Explanation:

Doldrums: Are winds of the north of the equator between the northern and southern trade winds in the oceans

Tactical planning would include which of the following?a. Profit goals
b. Design, test, and install the equipment needed to produce a new product line
c. Human resources requirements
d. Return on investment

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Tactical planning would include the following [b. Design, test and install the equipment needed to produce a new product line].
Usually tactical planning the longest kind of planning since it involves all the procedure which is needs to be done to start the work.

A typical lease may require a tenant to

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abide state rules relevant to lease terms on security deposit, rent, notice of entry, and occupancy standards.

The written or verbal agreement may yield beneficial to both parties.They may meet to one's convenience and satisfaction and follow according to the state rules. Following in an agreement but is not accorded to a standard rules could have a possibility of misunderstanding and other forms of complaint.

Cameron Is the oversees His company's northeast Region While Kevin oversees The southeast region this is an example A. Customer departmentalization
B. Functional departmentalization
C. Process departmentalization
D. Geographic departmentalization

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The awner is D im pretty sure

Answer:
geographic
Explanation:

The directors of Z Corp. have ignored the warnings and citations issued to the company by a government regulator for several years. Even though the company has eliminated director liability for violating the duty of care, the directors may be liable for breaching the:

Answers

Answer:

Duty of care and oversight

Explanation:

Though the liability due to carelessness is waived off but the directors are liable for duty of care and duty of oversight of companies issues and they must act in the best interest of shareholders. This carelessness will result in heavy fines which the shareholders will have to bear. So the director is liable for his misconduct.

Answer:

Duty of obedience

Explanation:

The fiduciary duties of the board of directors include the duty of care (which was eliminated by the company), but it also includes the duty of loyalty and obedience to the corporation.

The duty of obedience means that board members must make sure that the corporation follows all applicable laws and regulations. If they are ignoring warnings and citations, the corporation is obviously not following all the laws and regulations.

Other Questions

Susan is afraid that someone stole her identity using the details she provided for an online credit card application. Which agency can she complain to?

What is the defintion of public image?

A convertible security is almost always: a security that can be converted into common stock at the holder's option. a debt security that can only be converted into preferred stock. a security that can be converted into any other type of security. a security that can be converted into common stock only at the option of the issuing corporation.

13 ___________ is associated with success for managers and salespeople.