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

Decks in this class (20)

Chapter 1
Define accounting,
What is the objective of financia...,
What do financial statements cons...
43  cards
Chapter 2
What is an accounting conceptual ...,
What does an accounting conceptua...,
What questions do a framework answer
85  cards
Chapter 3
What is the purpose and role of a...,
How does an accounting system work,
Accounting systems sources of data
34  cards
Chapter 4
What is the separate entity concept,
What is the dual effect,
What is double entry bookkeeping
22  cards
Chapter 5
What is the trial balance,
When is a trial balance prepared,
What is the trial balance used for
27  cards
Chapter 6
Prorated,
Sales return how to treat,
Purchase return how to treat
46  cards
Chapter 7
What are control accounts,
What is the problem with control ...,
How is the totals problem for con...
5  cards
Chapter 8
In regards to accruals and prepay...,
What are the concequences of the ...,
Define accrual
16  cards
Chapter 9
Very simply what are receivables,
What is an asset,
What is bad debt
20  cards
Chapter 10
What is an inventory,
Double entry when businesses purc...,
Double entry when businesses sell...
31  cards
Chapter 11
0  cards
Chapter 12
0  cards
Chapter 13
Which errors have the suspense ac...,
What is a suspense account,
When may a suspense account also ...
10  cards
Chapter 14
0  cards
Chapter 15
0  cards
Chapter 16
0  cards
Chapter 17
What do management and analysts u...,
What are the three major categori...,
What is profitability wordy
29  cards
Chapter 18
What is direct factory cost,
What is prime cost direct cost,
What are production overheads ind...
15  cards
Core Essentials
What does dead stand for,
What does clic stand for,
What is an expense
20  cards
Errors
What are the 7 types of error,
What is omission 1 definitition a...,
Omission2 definition and eg
11  cards

More about
CIMA BA3

  • Class purpose General learning

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