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USS Rasher (AGSS 269) ship's logo. Rasher was reclassified as an auxiliary submarine, AGSS-269, on 1 July 1960, with conversion being accomplished at Mare Island Naval Shipyard. Involved in maintaining fleet readiness until mid-August 1962 when she deployed to WestPac, Rasher continued to exhibit her usual high standards of performance. She ...
The consideration for the transaction, terms of payment, and any condition of the contract that could materially affect the consideration; Sale consideration disclosed under broad asset valuation categories and split between fixed and floating charge realisations; Any options, buy-back arrangements or similar conditions attached to the contract ...
In management accounting there are a number of techniques used as alternatives to historical cost accounting, including:- measuring profit on sale of inventory by reference to its replacement cost. If inventory with a historical cost of $100 is sold for $115 when it costs $110 to replace it, the profit recorded would be $5 only based on ...
A going concern is an accounting term for a business that is assumed will meet its financial obligations when they become due. It functions without the threat of liquidation for the foreseeable future, which is usually regarded as at least the next 12 months or the specified accounting period (the longer of the two).
Tomiko Itooka, a 116-year-old Japanese woman who became the oldest living person in August 2024, died on Dec. 29, 2024, according to Guinness World Records.
SAS 99 defines fraud as an intentional act that results in a material misstatement in financial statements. There are two types of fraud considered: misstatements arising from fraudulent financial reporting (e.g. falsification of accounting records) and misstatements arising from misappropriation of assets (e.g. theft of assets or fraudulent expenditures).
The global airline industry will likely rake in more than $1 trillion in revenue next year, as passenger numbers look set to hit an all-time high of 5 billion, the International Air Transport ...
Americans have long had a love affair with sugary drinks, from fizzy sodas to sweetened fruity beverages.According to the Center for Disease Control and Prevention, almost 50% of adult Americans ...