Study guides, Class notes & Summaries

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...

Double Entries (ACA Accounting) Exam Questions and Answers 100% Pass Purchases - Answer- Dr expenses Cr cash/payables Sales - Answer- Dr receivables Cr sales = income Sales return - Answer- Dr sales Cr receivables/cash Purchases return - Answer- Cr payables/cash Dr purchases Purchase expect discount -> not taken - Answer- 1. Dr purchases (% off) Cr payables (% off) 2. Dr payables (% off) Cr cash (total) Dr purchases (difference) Purchase no discounted expected -> discount...

ACA [ICAEW] – ACCOUNTING EXAM QUESTIONS AND ANSWERS Books of Original Entry - Answer- 1. Cash Book 2. Sales Day Book (Credit Sales) 3. Purchases Day Book (Credit Purchases) 4. Petty Cash Book 5. Journal Book 6. The Payroll Statement of Financial Position - Answer- SOFP - Snapshot of assets controlled, liabilities owned and capital at a point in time Statement of Profit and Loss - Answer- Income and expenses over a period of time The Business entity concept - Answer- Business transac...

ACA 122 Final Exam Review (1).

ACA 122 - Final Exam Review

ACA 122 Final Exam Study Guide

ACA Final Exam

ACA 122 Final Exam Review

ACA-122 Final