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Decks in this class (23)
CFAS - CHAPTER 1
1 what is the law regulating the ...,
2 what is the body authorized by ...,
What are the three main areas in ...
45
cards
CFAS - CHAPTER 2
Which is true about the conceptua...,
Which is not a purpose of concept...,
What is the authoritative status ...
35
cards
CFAS - CHAPTER 3
What are the attributes that make...,
Qualitative characteristics a are...,
The fundamental qualitative chara...
55
cards
CFAS - CHAPTER 4
What is the general objective of ...,
A reporting entity is a necessari...,
A reporting entity a can be a sin...
20
cards
CFAS - CHAPTER 5
The elements directly related to ...,
The elements of financial positio...,
The elements directly related to ...
25
cards
CFAS - CHAPTER 6
It is the process of capturing fo...,
An item is recognized in the fina...,
Recognition of an element is appr...
45
cards
CFAS - CHAPTER 7
The presentation and disclosure r...,
It is the sorting of assets liabi...,
All of the following can consider...
10
cards
CFAS - CHAPTER 8
The major financial statements in...,
The major financial statements in...,
What is the objective of financia...
30
cards
CFAS - CHAPTER 9
The income statement revealsa res...,
Conceptually net income is a meas...,
Which term cannot be used to desc...
15
cards
INTAC - CHAPTER 1
Which of the following should not...,
Which of the following is usually...,
Which of the following should not...
20
cards
INTAC - CHAPTER 2
A bank reconciliation isa a finan...,
Which of the following items must...,
Which of the following would be a...
10
cards
INTAC - CHAPTER 4
Trade receivables are classified ...,
Nontrade receivables are classifi...,
Credit balances in accounts recei...
17
cards
INTAC - CHAPTER 5
A method of estimating bad debts ...,
A method of estimating uncollecti...,
The advantage of relating the bad...
14
cards
INTACC - CHAPTER 6
On october 1 of the current year ...,
On july 1 of the current year an ...,
An entity uses the installment me...
10
cards
INTAC - CHAPTER 8
Why would an entity factor accoun...,
Which of the following is a metho...,
The practice of realizing cash fr...
9
cards
INTAC - CHAPTER 9
If a note receivable is discounte...,
The note receivable discounted ac...,
If a note receivable is discounte...
5
cards
INTACC - CHAPTER 10
Which of the following should not...,
The cost of inventory does not in...,
Which of the following costs of c...
20
cards
INTACC - CHAPTER 11
Ifrs prohibits which cost flow as...,
What is the inventory pricing pro...,
In a period of falling prices whi...
10
cards
INTACC - CHAPTER 12
Net realizable value is a current...,
Inventories are usually written d...,
Lcnrv is best described as the a ...
11
cards
INTACC - CHAPTER 13
The gross profit method assumes t...,
The gross profit method is not va...,
Which statement is not valid abou...
5
cards
INTACC - CHAPTER 14
An advantage of the retail invent...,
To produce an inventory valuation...,
When the conventional retail inve...
10
cards
INTACC 1 - CHAPTER 24
It is an assistance by government...,
It is an action by a government d...,
Government grant shall be recogni...
10
cards
INTACC - CHAPTER 15
Entities are required to measure ...,
Debt investments that meet the bu...,
Debt investments not held for col...
46
cards
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ACC124
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