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Essay specific features

 

Issue:

Business

 

Written by:

Brandon M

 

Date added:

February 5, 2016

 

Level:

College

 

Grade:

A

 

No of pages / words:

1 / 207

 

Was viewed:

6785 times

 

Rating of current essay:

 
Essay content:

They plan to establish a fund to provide for major renewals over the next 20 years at $70,000 a year and expand the health care unit in 2000 by $840,000. The main problem with these plans is that eliminating depreciation would not follow GAAP principles. They would use the figures just for internal uses but, Montvale's audit committee didn't like inconsistency with their published statements...
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They would use the figures just for internal uses but, Montvale's audit committee didn't like inconsistency with their published statements. Also, they new proposal would cause the residents to end up paying for future renewals that they wouldn't benefit from. This seems to be inconsistent with their policy of using their fees to cover costs relevant to the occupancy for the current year...
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