BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Which elements define the integration of asset acquisitions with the general ledger? Note: There are 2 correct answers to this question. Asset Class Valuation Area Depreciation Keys Depreciation Area.

Detailed explanation-2: -In addition to defining and executing the integration definition, the elements and processes that are common to integrations include outbound formats, object upgrades, and object migrations. Other common elements include standard workflows, standard queries, and standard lists.

Detailed explanation-3: -An integrated asset acquisition is where one side of the posting is to the asset and the other side to the vendor or supplier and where applicable VAT or tax accounts.

Detailed explanation-4: -Types of Assets Purchased An asset deal purchase can include either tangible or intangible assets. Tangibles include equipment, inventory, and fixtures. Intangibles, on the other hand, may include customer lists or patents.

Detailed explanation-5: -For example, a typical buyer acquires Company XYZ for $5M. The sum of Company XYZ’s identifiable assets is $3M, so the buyer allocates $2M to goodwill. In the rare case of a bargain purchase where the fair value of the net identifiable assets is greater than the purchase price, a gain is recorded.