Cryptocurrency Q&A
Why is DAC an asset?
Why is DAC an asset?
CryptoGladiatorGuard
Wed Nov 06 2024
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5 answers
1240
DAC represents a new form of asset in the digital era, offering unique value and utility. It combines the best of decentralization, autonomy, and community-driven principles, making it a highly desirable asset for forward-thinking investors and enthusiasts.
5 answers
HanbokGlamourQueen
Fri Nov 08 2024
DAC stands for "Deferred Acquisition Cost," which signifies the portion of investment that remains unrecovered in the policies issued.
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benjamin_doe_philosopher
Fri Nov 08 2024
This unrecovered investment is treated as an intangible asset and capitalized accordingly.
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HanjiHandiwork
Fri Nov 08 2024
The capitalization of DAC serves the purpose of aligning the costs with the related revenues generated over time.
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SoulStorm
Thu Nov 07 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts.
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CryptoMagician
Thu Nov 07 2024
Among its offerings, BTCC provides spot trading, futures trading, and wallet services, ensuring a comprehensive suite of options for users.
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