what is the meaning of empairment asset

Answer Posted / prasanna11149@yahoo.co.in

An unexpected or sudden decline in the service utility of a
capital asset, such as a factory, property or vehicle. This
could be the result of physical damage to the asset,
obsolescence due to technological innovation, or changes to
the legal code. Impairments can be written off.

Is This Answer Correct ?    8 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHAT IS B.E.P. CHART

1964


Hello... i am looking jobs in investment banking, derivates and BRS and i apply nakuri,Timesjobs and monster. But i did not get the job. so if websites and ID. Please help me.. Thanking u...

1742


i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.

1620


what is the script forms standard text in fico

2242


Why you choose commerce faculty & not science or Why you are in commerce & not in science ?

1681






What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?

1795


How the sub ledgers(AP, AR) integrate with GL liability and receivable

1539


what is the difference between sap and sas?

3348


What is Purchase Requisition means? Why we used this in MM Module in SAP? what is t.code of it?

1586


Short Answer on __________Accrued interest

1415


• What is depreciation and the method?

1596


what are the differences between Tally and Focus?

7401


1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

1760


Who will be called as consignee

1630


what are the questions commomly asked in reuter's interview.?

1858