How to Record Asset Retirement Obligations?

Answer Recording an asset retirement obligation is done slightly differently depending on whether the asset is fully or partially depreciated. When a fixed asset becomes obsolete, you need to retire the a... Read More »

Top Q&A For: How to Record Asset Retirement Obligations

What Is an asset retirement obligation?

An asset retirement obligation is a term used in accounting. It describes a complex set of procedures for accounting for the costs of tangible long-lived assets and costs associated with retiring ... Read More »

What if they wouldn't approve your retirement after 30 years service in the Air Force and left with an honorable discharge can you still apply for a retirement?

There Military can not deny your retirement. If you put in your 20+ years and did not leave the military under bad terms then you should be receiving a pension.

Would it be true or false if the arbitrage pricing model is more elastic and acceptable for pricing a capital asset than the capital asset pricing model?

If you are running your iPhone in Airplane Mode you will not receive anything. You won't get phone calls, emails, texts, etc. If you want to get Push Notifications you need to take it out of Airpla... Read More »

Difference Between Duties & Obligations?

Both duties and obligations are requirements people must perform. However, these terms refer to something different in nature. In general, the term "duty" refers to something that a person must do ... Read More »