GAAP and Accrual Accounting Flashcards

1
Q

Measurement method of Long-term receivables

A

Present value of future cash flows

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Measurement method of Warranty Obligations

A

Net realizable value or settlement rate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Measurement method of Accounts Receivable

A

Net realizable value or settlement rate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Measurement method of AFS and Trading Securities

A

Current Market Value

How well did you know this?
1
Not at all
2
3
4
5
Perfectly