M1 Flashcards
1
Q
Raytheon Private Military Contractor
A
Relevence , Predictive val, Materiality, Confirmatory val
back below
2
Q
Faithful Certified Emergency Nurse
A
Faithful Complete Error free Neutral
near window
3
Q
Qualitative Char
A
Faithful rep and Relevence
4
Q
CU TV
A
Comparability Understability Timeliness Verifiability
5
Q
Fundemental Revenue recognition criteria
A
CU TV
6
Q
GEM
A
Going concern, Entity concern, Monetary unit
7
Q
Assumptions
A
GEM
8
Q
Fine Arts Museum
A
Full disclosure, Accural , Measurements
9
Q
ROUTE
A
Risk free rate Other factors Uncertainty Timing Estimate of future cashflow
10
Q
Elements of present value measurement
A
ROUTE