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shreya Khatri
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Decks in this class (17)
CH1: CH 1: Financial Statements and Business Decisions
Sole stockholders,
2 sources of fnan resources,
Creditors ex and what they hope for
36
cards
CH 2: Auditing and other Assurance Services (new)
What 2 services do cpas provide,
Consulting service is an example of,
What is an assurance service defi...
88
cards
CH 3: Introduction to Tax
Who care about taxes,
Why do businessess care abt taxes,
Why do politicians care abt taxes
58
cards
CH 1: connect
A system that collects and proces...,
Information that helps evaluate t...,
An unincorporated business owned ...
54
cards
ch 2: connect
Generally accepted auditing stand...,
Peer review,
Reasonable assurance they follow ...
88
cards
ch 3 connect
Taxes are voluntary payments paid...,
Jerry recently paid 20 in tolls f...,
The federal income tax is an exam...
30
cards
Ch 4 :Managerial Accounting and Cost Concepts
Financial accounting rules,
Purpose of managerial acting,
Managerial
41
cards
Ch 4: connect
Three activities vital to the rol...,
The basic questions asked during ...,
An internal control that deters t...
33
cards
CH 5:Master Budgeting
Budget,
Period of a budget,
Perpetual budget
27
cards
ch 5 connect
A budget that is prepared with th...,
When a manager creates a budget t...,
The annual master budget file inc...
19
cards
neeed to know ch 5
First line direct mats,
Direct labor budget first line,
First lines manufacturing overhead
16
cards
CH 6: Investing and Financing Decisions
What are the 3 balance sheet assu...,
Separate entity assumption,
Going concern assumption
36
cards
Ch 6: connect
Financing provided by owners is r...,
True or false an external event i...,
A ___________transaction is an ev...
11
cards
CH 7: 7 Operating Decisions
Ex,
Operating cycle,
Is accruel basis required by gaap
27
cards
Ch 7: connect
What is the first step to follow ...,
2nd step of 5 step revenue recogn...,
3rd step
7
cards
CH 8: Adjustments, Financial Statements, and the Closing Process
During the accounting period,
At the end of the accounting period,
Unearned revenue
21
cards
mod 10
How to find good avail,
Average cost cogs,
Average cost ending inventory
8
cards
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ACCT303
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