The Beck Depression Inventory is a self-report test used by healthcare professionals to evaluate depression. It was developed in 1961 by Dr. Aaron T. Beck and includes 21 multiple-choice questions. Scores between 10 and 16 indicate mild depression, while scores above 30 show severe depression. However, the test has some caveats, including potential bias and […]
IFRS depreciation methods, such as straight-line, declining balance, and units of production, require annual evaluation of estimates of useful life and residual value. Failure to report these figures accurately can lead to exaggerations in a company’s balance sheet. The straight-line method is the simplest and most widely used, while the declining balance and units of […]
Deposit slips are receipts given to the bank when funds are deposited into a checking or savings account. They include information about the account holder and the funds being deposited, and can be used for cash or check deposits or transfers between accounts. It is important to fill them out carefully and check that the […]
Depreciation expense is the gradual devaluation of fixed assets over their useful life, with methods including straight line, sum of years, declining balance, and units of production. Depreciation is a non-cash item and is divided into monthly expenses for consistent profit and loss statements. Different methods shift more depreciation to prior periods, with the simplest […]
US Depository Receipts allow US investors to invest in foreign stocks listed on US exchanges in US dollars, avoiding taxes and administrative costs. A US or international bank charges a handling fee or receives a fee from the foreign company, and a depositary bank specializes in day-to-day buying and selling of each individual American Depository […]
