Accounting Study Guide – Comprehensive Accounting Exam Review

Accounting Study Guide Acco unting
Study this set o nline at: https://www.cram.co m/flashcards/acco unting-1616338




Modul e 1 What i s the val ue to vari ous groups i n soci ety of a knowl edge of
a
accounti ng?




Modul e 1 What i s the rol e of accounti ng i n management? a




Modul e 1 What i s the need f or, and use of , accounti ng i nf ormati on i n deci si on
a
maki ng wi thi n any organi sati on?




Modul e 1 What i s the accounti ng equati on? a

, Accounting Study Guide Acco unting
Study this set o nline at: https://www.cram.co m/flashcards/acco unting-1616338




Modul e 1 What i s the basi c l ayout of the prof i t and l oss account (someti mes
a
cal l ed the i ncome statement)?




Modul e 1 What i s the basi c l ayout of the bal ance sheet? a




Modul e 1 What i s the basi c l ayout of the cash f l ow statement? a




Modul e 1 What i s the di sti ncti on between f i nanci al accounti ng and management
a
accounti ng?

, Accounting Study Guide Acco unting
Study this set o nline at: https://www.cram.co m/flashcards/acco unting-1616338




Modul e 2 What i s the rol e of the prof i t and l oss account i n the measurement of
a
corporate accompl i shment and ef f ort?




Modul e 2 What i s the ti mi ng of revenue and expense and the rol e of accounti ng
a
conventi ons?




Modul e 2 What i s the i mpact on prof i t of di f f erent stock val uati on methods and
a
depreci ati on methods?




Modul e 2 What i s the pri nci pal f eatures of depreci ati on? a