Study guides, Class notes & Summaries

ACA Final Exam Questions and Answers 2023 At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write policies ...

Which of the following statements is true? A Credit cards are not likely to be used in the layering phase of money laundering because of restrictions in cash payments B Credit cards are effective instruments for laundering money because the transactions do not create a paper trail C A launderer can launder money by prepaying his credit card using funds that are already in the banking system, creating a credit balance on his account, and requesting a credit refund D A launderer can u...

ACA Final Exam Questions and Answers (2024 / 2025) (Verified Answers)

Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above - ANSWER-All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write policies for various company products Supervise the claims activity of adjusters Investigate charges of unethica...

ACA Final Exam

ACA Accounting Exam Questions and Answers 100% Verified and Updated Which of the following would require adjustments to the cash at cash account in a bank reconciliation? 1. Bank charges 2. Unpresented cheques 3. Returned cheques 4. Uncleared lodgements Bank charges and returned cheques Unpresented cheques and uncleared lodgements are just timing differences What is the double entry for VAT (purchases)? D/R Purchases (Net) D/R VAT C/R Trade Payables (Gross) What is the double entry...

ACA – Assurance Exam Questions and Answers 100% Pass What are the five elements of an assurnace engagement? - Answer- Criteria, Report, Evidence, Subject matter, Thrid Patry Relationship Who is a practitioner? - Answer- The person or party carrying out the assurance engagement. What are the two types of assurnace engagement identified under the international framework for assurnace engagement? - Answer- 1. Resaonable Assurance 2. Limited Assurance What constitues a reasonable assuranc...

ICAEW ACA Accounting Exam Questions and Answers 100% Pass Accounting - Answer- A way of recording, analysing and summarising transactions of an entity. Statement of Profit and Loss - Answer- It reflects the performance of a business over a period of time. Statement of Financial Position - Answer- It reflects the position of a business at a point in time. Users of Accounting - Answer- Any organisation/business/individual who needs to keep track of their income, expenses, assets and liabi...

ACA Final Exam Questions and Answers 100% Pass At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above - Answer- All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write policies ...

ACA Assurance Exam Questions and Answers 100% Pass 5 key elements of audit - Answer- 1. 3 party involvement 2. subject matter (f/s) 3. suitable criteria (e.g. UK CGC) 4. evidence 5. written report ISA 200 - what are the objectives of auditors? - Answer- - obtain reasonable assurance f/s are free from material misstatement (fraud or error) - express opinion whether f/s prepared in accordance w/ financial reporting framework Exemption from statutory audit - Answer- - CA 2006 exempts smal...