Cryptocurrency Q&A
What is a DAC investment?
What is a DAC investment?
Sara
Sun Nov 10 2024
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5 answers
1557
I've been hearing about DAC investments recently and I'm curious to learn more about it. Could someone explain what a DAC investment is and how it works? I'm particularly interested in its potential benefits and risks.
5 answers
Margherita
Tue Nov 12 2024
BTCC, a leading cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet services. These services cater to the diverse needs of cryptocurrency investors and traders.
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EthereumEmpireGuard
Tue Nov 12 2024
These excess costs are capitalized and given a special name: deferred acquisition costs (DAC).
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QuasarStorm
Tue Nov 12 2024
DAC represents the unrecovered expenses associated with acquiring insurance contracts.
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Andrea
Tue Nov 12 2024
In accounting terms, DAC is recognized as a fixed, intangible asset on the balance sheet.
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CryptoWanderer
Tue Nov 12 2024
Insurance contract acquisition costs that surpass the premium receipts obtained are treated in a specific manner.
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