M1 Flashcards

1
Q

Raytheon Private Military Contractor

A

Relevence , Predictive val, Materiality, Confirmatory val

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2
Q

Faithful Certified Emergency Nurse

A

Faithful Complete Error free Neutral

near window

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3
Q

Qualitative Char

A

Faithful rep and Relevence

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4
Q

CU TV

A

Comparability Understability Timeliness Verifiability

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5
Q

Fundemental Revenue recognition criteria

A

CU TV

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6
Q

GEM

A

Going concern, Entity concern, Monetary unit

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7
Q

Assumptions

A

GEM

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8
Q

Fine Arts Museum

A

Full disclosure, Accural , Measurements

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9
Q

ROUTE

A
Risk free rate
Other factors
Uncertainty
Timing
Estimate of future cashflow
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10
Q

Elements of present value measurement

A

ROUTE

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