This class was created by Brainscape user Alina Petrauskaite. Visit their profile to learn more about the creator.
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Decks in this class (22)
Blue Book
What is inventory cost and what c...,
How should inventory be recorded ...,
Is frieght out part of inventory ...
136
cards
Ivory Book
Book value per share of common so...,
What is book value per share of c...,
Is book value per share of common...
69
cards
Red Book
What is the basic accounting formula,
What does equity consist of,
What does common stock consist of
60
cards
White Book
What is pp e,
At what cost is pp e capitalized,
What else is included in the pp e...
71
cards
Green book
What are current assets and what ...,
What is the normal operaign cycle...,
How does gaap and ifrs differ in ...
97
cards
Yellow Book
Governmental financial reports ar...,
What is not the goal of governmen...,
What
115
cards
Yellow Book Not For Profit
Non profits provide,
Nfp focus is not on income produc...,
What are the characteristics that...
43
cards
Unit 1 questions
As part of the process of amendin...,
The principal benefit of a single...,
Accounting standards update is is...
57
cards
Unit 2 questions
Current assets include 1 cash and...,
A deposit received from a custome...,
Prepaid expenses are what on the ...
47
cards
Unit 3 questions
An asset or disposal group is cla...,
What is the earliest point that a...,
If you expect a gain on a disposa...
57
cards
Unit 6 questions
On the bs should material receiva...,
On a balance sheet what is the pr...,
A receivable classified as curren...
10
cards
Unit 5 questions
Should compensating balances and ...,
Compensating balances that are no...,
Companies a and b begin with iden...
42
cards
Unit 4 questions
For which type of material relate...,
Lemu co and young co are under th...,
N regard to related parties gaap ...
6
cards
Unit 17 questions
Under ifrs bank overdrafts may be...,
Which is the most appropriate fin...,
Under ifrs interest and dividends...
14
cards
Unit 7 questions
According to the net method are p...,
Seafood trading co commenced oper...,
Is freight out included in the co...
19
cards
Unit 8 questions
Miller co discovered that in the ...,
Group and composite depreciation ...,
A manufacturing firm purchased us...
20
cards
Unit 9 questions
Organization costs are those incu...,
Ias 38 intangible assets defines ...,
Costs of start up activities incl...
38
cards
Unit 10 questions
Under current generally accepted ...,
The relationship between income t...,
Income tax basis financial statem...
25
cards
Unit 13 questions
For a lease accounted for under i...,
What is included in the minimum l...,
At its inception the lease term o...
28
cards
Unit 12 questions
Serial bonds are attractive to in...,
Debentures are,
The entire balance in the bond si...
22
cards
Unit 11 questions
Under the defined contribution pe...,
Under a defined contribution pens...,
Defined contribution or a defined...
8
cards
Unit 18 questions
Special assessments for construct...,
In governmental accounting a fund...,
Government financial reporting sh...
32
cards
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FAR CPA
- Class purpose General learning
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