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Subject:
insurance in accounting
Category: Reference, Education and News Asked by: soliteparagon-ga List Price: $50.00 |
Posted:
30 Apr 2004 20:47 PDT
Expires: 30 May 2004 20:47 PDT Question ID: 339235 |
What are insurable goods and how are they beneficial to accountants and accounting proffession? |
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There is no answer at this time. |
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Subject:
Re: insurance in accounting
From: neilzero-ga on 01 May 2004 12:12 PDT |
Things like desks,computers, buildings and inventory can generally be ensured. The insured value is one of the clues accountants use to determine the total value of the assets. Some things can not be insured, or more corectly the insurance cost is excessive. If an item is not ensured, the accoutant may have to work hard to determine a fair value for something like goodwill. If this isn't the answer you were looking for please clarify. Neil |
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