Recoverable amount Study guides, Study notes & Summaries

DRII CBCP Exam Latest Update with Verified Solutions 1. Being able to answer the question, "What is important to your business?" is part of what process? A. Gaining senior management support B. Getting an executive sponsor C. Developing a budget D. Defining a business continuity problem statement D. Defining a business continuity problem statement 2. What is the value of a BCM policy statement? A. It forces middle management to comply with senior directives B. It shows employees how to...

REHS - Solid WasteLaws impacting solid waste - correct answer Clean Air Act of 1970 Clean water Act 1972 Marine Protection, Research, and Sanctuaries Act Garbage - correct answer Animal and vegetable waste from food processors. Garbage originates from restaurants, gardens, markets, grocery, home, kitchens. Refuse - correct answer Discarded or rejected. Decayable and non-decayable material. ex: garbage, dead animals, recyclables, incinerator residue. Rubbish - correct answer In...

Why is Budgeting important? - Answer-Anticipate and prepare for future financial conditions Provide estimates of future revenues and expenses Help determine future room rates and other pricing structures Estimate financial returns on investments encourage managers to establish their own operating objectives, evaluation techniques and tools Help GM, Controller, and department heads self-evaluate financial progress controller - Answer-The individual responsible for recording, classifying, an...

Insurance Adjuster Questions and Answers Graded A ACV Actual Cash Value ALE Additional Living Expense CE Continuing Education CGL Commercial General Liability CIM Commercial Inland Marine COM Commercial Ocean Marine CPP Commercial Property Policy DTPA Deceptive Trade Practices Act HO Home Owners IA Independent Adjuster NI Name Insured NOL Notice of Loss NRD Non-Recoverable Depreciation PA Public Adjuster PAP Personal Auto Policy PIP Personal Injury Policy POL Proof of Loss RC Re...

Argus Certification Exam Practice Questions and Answers Solved Once a Property Asset Type is selected it cannot be changed (T/F) False The Analysis Begin date defaults to the current Month and Year (T/F) True Which of the following is a classification type in AE? Select all that apply. a. Property b. Tenant c. Region d. Lease a. Property b. Tenant Multiple properties can be opened simultaneously in ARGUS Enterprise (T/F) True What is the extension of a property asset file in A...

Once you create a Model Statement ( opening or closing ) , it is only available for that estimate you created it in . - Answer- False Claim Number - Answer- CLAIM_NUM Date Received - Answer- DATE_RECEIVED Estimator Name - Answer- ESTIMATOR_NAME Insured's Name - Answer- INSURED_NAME Summary ACV Loss - Answer- SUM_ACV depreciation is depreciation taken on a loss that the insured is entitled to recover , while depreciation is the amount of depreciation that is permanently deducte...

Argus Certification Exam, Argus Certification Practice Test, ARGUS Certification Exam Questions and Answers 2023 Once a Property Asset Type is selected it cannot be changed (T/F) False The Analysis Begin date defaults to the current Month and Year (T/F) True Which of the following is a classification type in AE? Select all that apply. a. Property b. Tenant c. Region d. Lease a. Property b. Tenant Multiple properties can be opened simultaneously in ARGUS Enterprise...

CGMA Management Level Test What does it mean that accounting for deferred taxes follows a financial position approach? - The temporary differences are derived from differences in carrying value from the book purposes and tax purposes Taxable temporary differences give rise to what? - DTLs A DTA can only be recognized to the extent there will be taxable income to offset it. Otherwise a what is needed - Valuation allowance What is the journal entry (including the temporary differenc...

REHS - Solid WasteLaws impacting solid waste - correct answer Clean Air Act of 1970 Clean water Act 1972 Marine Protection, Research, and Sanctuaries Act Garbage - correct answer Animal and vegetable waste from food processors. Garbage originates from restaurants, gardens, markets, grocery, home, kitchens. Refuse - correct answer Discarded or rejected. Decayable and non-decayable material. ex: garbage, dead animals, recyclables, incinerator residue. Rubbish - correct answer In...

Argus Certification Review(2023 updated)question correctly answeredPercentage Recovery Field - correct answer Allows a user to apply a different recoverable percentage to an expense than what was originally entered on the Expenses tab. % Cap - correct answer Year 2 Max Per Increase Limit = Year 1 Recoverable Amount x Allocation % x _______ Use Monthly Occupancy for Gross Up - correct answer If what box is unchecked, AE will take the total annual amount and divide it by 12 to get the monthl...