f1 m4 Flashcards

1
Q

RED with optional Captain Asset

A
Recoverable
Enhance and generate
Direct related to contract
with optional
Capitalize it as
Ass-ets
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2
Q

Cost that should be recognized as assets if they meet

A

RED Captain Asset

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3
Q

RIP

A

Responsibility
Inventory
Prices

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4
Q

3 factors for agent vs principal

A

RIP

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5
Q

FLuF

A

Forward option
Lease(less than original price)
Financial Arrangement (more than original selling price)

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6
Q

ELSa

A

Economic interest
Lease
Sale with right of return

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7
Q

Malaysian SoFa

A

Market value
Sale of return = less than market value
Financial arrangement = More than market value

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8
Q

Bill Round Ice TU

bill clinton holding turkish flag and a round ice

A
Bill and hold agreement
Reason
Identifiable
Transfer
Use
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