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c213 - accounting

This class was created by Brainscape user Emily Thomas. Visit their profile to learn more about the creator.

By: Emily Thomas
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Decks in this class (13)

Chapter 1: The Nature and Purpose of Financial Accounting
A system of providing quantitativ...,
The professional organization of ...,
Document which reports the resour...
14  cards
Chapter 2: The Overview of Financial Statements
Assets liabilities owners equity,
The source of those increased assets,
The firm s economic resources for...
39  cards
Chapter 3: The Balance Sheet
Long term assets that are not sui...,
The flip side of accounts receiva...,
Amounts owned to a business by it...
40  cards
Chapter 4: The Income Statement
The process that accountants use ...,
The number used to reflect an ove...,
When a business sells goods to cu...
23  cards
Chapter 5: The Statement of Cash Flows
Short term highly liquid investme...,
Reporting the information contain...,
Obtaining resources from owners a...
9  cards
Chapter 6: Introduction to Financial Statement Analysis
Sales divided by assets and is in...,
Assets divided by equity and is i...,
Shows the average number of days ...
22  cards
Chapter 7: Cash Budgeting
An important tool in helping mana...,
Are cash reductions offered to cu...
2  cards
Chapter 8: Internal Controls: Ensuring the Integrity of Financial Information
Members of a company s board of d...,
Policies and procedures used by m...,
The actions policies and procedur...
20  cards
Chapter 9: Management Accounting and Cost Concepts
Systematic planning for long term...,
Implementing management plans and...,
Techniques for determining how ch...
24  cards
Chapter 10: Activity-Based Costing
Systematic planning for long term...,
Implementing manag,
Numerical measure used to reflect...
7  cards
Chapter 11: Cost Behavior and Decisions Using C-V-P Analysis
The amount of sales at which tota...,
The difference between total sale...,
The percentage of net sales reven...
22  cards
Preassessment
What does accounting focus on,
Which report summarizes cash coll...,
Which users would have a primary ...
66  cards
Final Study Guide
What would an internal auditor ty...,
Following financial activities ar...,
What is typically viewed as the f...
223  cards

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c213 - accounting

  • Class purpose General learning

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