Asset Retirement Obligation

Asset Retirement Obligation,

What is Asset Retirement Obligation?

  1. You can define Asset Retirement Obligation as, In accounting, Asset Retirement Liability (ARO) defines a legal obligation associated with the long-term termination of an asset for which the company is responsible for disposing of goods or cleaning up an effective substance at some point in the future. The ARO should be included in the company's financial statements to provide a more accurate and comprehensive picture of the company's total value.

    • Fixed Asset Liability (ARO) is a legal obligation associated with the disposal of long-term assets, which may require the company to dispose of goods or remove hazardous materials from the leased premises.
    • Companies need to include their ARO in their financial statements to accurately reflect their added value.
    • The ARO rules are administered by the Financial Accounting Standards Board (FASB), as defined in Rule # 143: Accounting for Pension Assets.

Literal Meanings of Asset Retirement Obligation

Asset:

Meanings of Asset:
  1. A useful or valuable thing, a person or a quality.

Sentences of Asset
  1. Immediate reflexes are your greatest asset

Synonyms of Asset

blessing, gift, merit, attractive feature, strong point, talent, attraction, strength, benefit, boon, strong suit, help, long suit, resource, recommendation, bonus, beauty, value, virtue, selling point, good point, advantage, forte, aid

Retirement:

Meanings of Retirement:
  1. The act or process of quitting and completing work.

  2. Removing the jury from the courtroom to deliver the verdict.

  3. Separation.

Sentences of Retirement
  1. One man will retire

  2. Will complete four years with a one-piece jacket mark Comet losage du Jouriles de Lever de la Retreat del Deliberation, Aouc des Mبلubles Applications, du Carbournte, des Lameres et de la Pipeteri, Moines that need air n'ait déjà count count par . Forney

  3. I live alone in Miami

Synonyms of Retirement

giving up work, retreat, obscurity, stopping working, seclusion, loneliness, isolation, privacy, stopping work, solitude

Obligation:

Meanings of Obligation:
  1. An act or behavior with which an individual is morally or legally bound by an obligation or responsibility.

Sentences of Obligation
  1. It is my duty to take care of them

Synonyms of Obligation

moral imperative, duty, commitment, responsibility

Asset Retirement Obligation,

Asset Retirement Obligation means,

  1. Asset Retirement Obligation means: In accounting, the Pension Liability (ARO) defines a legal obligation to dispose of a destination with a long useful life, where the company is responsible for moving goods or cleaning up hazardous materials. . The ARO should be included in the company's financial statements to provide a more accurate and accurate picture of the company's total value.

    • And Retirement Liabilities (AROs) are legal obligations related to the long-term closure of equipment that ultimately requires the removal of equipment from the company or the removal of hazardous materials from the leased space.
    • Companies need to include their ARO in their financial statements to accurately represent their total value.
    • The ARO rules are administered by the Financial Accounting Standards Board (FASB), as defined in Rule # 143: Identification and Return.

Literal Meanings of Asset Retirement Obligation

Asset:

Meanings of Asset:
  1. Something useful or valuable or person.

Sentences of Asset
  1. Instant anxiety is your main strength.

Synonyms of Asset

plus, compensating feature, pro, saving grace, redeeming feature

Retirement:

Meanings of Retirement:
  1. Quit and quit

  2. Remove the jury from the courtroom to decide.

Sentences of Retirement
  1. He lives in exile in Kent.

Synonyms of Retirement

retiral

Obligation:

Meanings of Obligation:
  1. An act or practice by which a person is morally or legally bound by an obligation or responsibility.

Sentences of Obligation
  1. I have to take care of them.

Synonyms of Obligation

constraint, job, duress, accountability, assignment, engagement, requirement, chore, pressure, charge, devoir, debt, function, necessity, business, task, burden, liability, compulsion, trust, office, commission, indebtedness