ADMS 1010 EXAM QUESTIONS WITH ACCURATE
ANSWERS RATED A+
causal claim - ANSWER interpretation of case and effect relationship. It answers the
question "why"?
accounting - ANSWER measurement, processing and communication of financial
information about economic entities
financial reporting - ANSWER prepared by GAAP
balance sheet reports - ANSWER assets, liabilities, ownership equity
financial accounting - ANSWER summary, analysis and reporting of financial transactions
management accounting - ANSWER use of accounting information to make better
management decisions
auditing - ANSWER independent examination of an organizations accounts
rival causes - ANSWER difference between groups, corelation
, claim - ANSWER major conclusion author is trying to persuade you to accept
Date that chartered profesional accountant came up - ANSWER oct 1st 2014
fianance - ANSWER field that deals with allocation of liabilities and assets
intermediary - ANSWER person who acts as a link between people, in order to bring
about an agreement
public finance - ANSWER addresses the role of gov in the economy
corporate finance - ANSWER funding of corporations, investment banking
personal finance - ANSWER financial management for individuals and families
retail banks - ANSWER full service banking for individuals and businesses
investment banks - ANSWER helps client raise financial capital
what is money? - ANSWER collective, shared perception of value
closed systems - ANSWER fully self-containes and self-sufficient
ANSWERS RATED A+
causal claim - ANSWER interpretation of case and effect relationship. It answers the
question "why"?
accounting - ANSWER measurement, processing and communication of financial
information about economic entities
financial reporting - ANSWER prepared by GAAP
balance sheet reports - ANSWER assets, liabilities, ownership equity
financial accounting - ANSWER summary, analysis and reporting of financial transactions
management accounting - ANSWER use of accounting information to make better
management decisions
auditing - ANSWER independent examination of an organizations accounts
rival causes - ANSWER difference between groups, corelation
, claim - ANSWER major conclusion author is trying to persuade you to accept
Date that chartered profesional accountant came up - ANSWER oct 1st 2014
fianance - ANSWER field that deals with allocation of liabilities and assets
intermediary - ANSWER person who acts as a link between people, in order to bring
about an agreement
public finance - ANSWER addresses the role of gov in the economy
corporate finance - ANSWER funding of corporations, investment banking
personal finance - ANSWER financial management for individuals and families
retail banks - ANSWER full service banking for individuals and businesses
investment banks - ANSWER helps client raise financial capital
what is money? - ANSWER collective, shared perception of value
closed systems - ANSWER fully self-containes and self-sufficient
