Fixed assets are subject to physical and moral deterioration. Physical deterioration consists in the fact that fixed assets over time gradually lose their production and technical qualities and completely fail, i.e. lose their use value. For different groups of fixed assets, physical wear and tear manifests itself in different ways. For equipment, wear is expressed […]
Tag: Periods
GENERAL CHARACTERISTICS OF FRANCE
The area of France is 551.5 thousand square kilometers, the population is 59.5 million people in 2001 In terms of area, France is the third country in Europe (after Russia and Ukraine) and the first in Western Europe (about a fifth of the territory of the European Union), more than twice the area of great […]
Reasons for changes in the structure of competition and the external environment
Each industry has its own development trends and its own characteristics. Industry conditions and competition change under the influence of various forces and factors. The main drivers of competition are: changes in the long-term trends of economic growth of the industry; changes in the composition of consumers, the introduction of new products; entering or leaving […]
Terms of payment
When determining the terms of payment, the contract usually establishes: the currency of payment, the payment term, the method of payment and the form of settlement, as well as reservations for reducing or eliminating currency risk. At the conclusion of the contract of sale, it is established in which currency the payment for the goods […]