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Decks in this class (23)
Notes to Financial Statements
Management compensation is not re...,
Companies must disclose the futur...,
Significant accounting policies i...
6
cards
Risks and Uncertainties
Are disclosures about risks and u...,
What an aspect of a firms operati...,
Under what conditions is disclosu...
8
cards
Subsequent events
A subsequent event for a period i...,
The financial effects of a recogn...,
Can entities choose whether to ev...
9
cards
Exit or Disposal Activities and Discontinued Operations
How do you determine if there is ...,
What must entities disclose for s...,
How do you calculate the income e...
4
cards
MISC WRONG QUESTIONS
A nongovernmental not for profit ...,
What is the formula for inventory...,
Will the final consolidated finan...
8
cards
Governmental Units
The comprehensive annual financia...,
Define jointly governed organizat...,
An entity is a component unit of ...
23
cards
Contract Modifications and other considerations
What must happen before a franchi...,
What is the earliest point of sub...,
If a company enters into a contra...
4
cards
Intro to Consolidated Financial Statements
True or false an unconsolidated s...,
True or false a majority owned su...,
Sun co is a wholly owned subsidia...
12
cards
SEC
Which division of the sec is resp...,
What is the main announcement pub...,
A nonaccelerated filer includes c...
6
cards
Revenue Recognition
True or false in a principal agen...,
If a company offers a right to re...,
When is the effect of estimated r...
14
cards
Liquidity/solvency And Operational Ratios
What are the general types of ratios,
What is the formula for working c...,
List the formula for acid test or...
13
cards
Ratios-profitability and Equity
True or false return on owners eq...,
True or false the debt ratio uses...,
In computing the dividend payout ...
11
cards
Consolidated Financial Statements
Which kind of accounts is least l...,
Which one of the following is not...,
True or false whether the parent ...
19
cards
Consolidation Less than 100% Ownership
The entries made on its books dur...,
If goodwill is recognized as part...,
If a parent carries an investment...
4
cards
Combined Financial Statements
When preparing combined financial...,
Both corporate and non corporate ...,
When preparing combined financial...
7
cards
Intercompany Transactions
Dividends payable by a subsidiary...,
Consolidated statements include o...,
Intercompany transactions can res...
22
cards
Losses on Purchase Committments
A contract for a purchase commitm...,
At the end of 20x4 a firm recogni...
2
cards
Stock, Dividends, Splits and REtained earnings
How are property dividends measured,
Does the declaration of stock div...,
When does the investors holdings ...
4
cards
Post-aquisition expenditures
True or false only costs that cau...,
Capitalized post acquisition cost...,
What costs should be capitalized ...
4
cards
Accounting for Construction Contracts
The computation of the percentage...,
How do you calculate the percenta...
2
cards
General Purpose Financial Statemetns
Does the income statement include...,
Would the classification of the p...,
Is an investment in stocks of ano...
7
cards
Intro to Earnings Per Share
All firms must report beps and de...,
Only the amount of dividends in a...,
A firm has the following amounts ...
11
cards
Basic Earnings per Share
How is basic earnings per share c...,
When are contingent shares consid...,
Define contingent shares
12
cards
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CPA FAR
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