8/20/2016

  1. What is the underlying concept that supports estimating a fixed impairment charge?
    faithful representation
  2. what is the concept that supports the issuance of interim reports?
    Relevance
  3. what is financial capital?
    Financial capital is the money, credit and other forms of funding that companies use to invest in their businesses
  4. what are the 3 types of financial capital?
    debt capital

    Equity

    specialty capital
  5. what is physical capital?
    Physical capital refers to any manufactured asset that is applied production, such as machinery, buildings, or vehicles
Author
Joens1313
ID
322554
Card Set
8/20/2016
Description
FAR
Updated