FA1 Study guides, Class notes & Summaries

FA1 ASSIGNMENT MEMORANDUM

ACCA FA1 Exam Questions and Answers All Correct What are the two main type of business transactions - Answer-Cash or Credit. Debit - Answer-Is always on the left-side of the column Credit - Answer-Is always on the right-side of the column Debit To own/have AN ASSET INCREASES eg: new office furniture CAPITAL/A LIABILITY DECREASES eg: pay an account payable INCOME DECREASES eg: cancel a sale AN EXPENCE INCREASES eg: incur advertising cost Left hand side - Answer-CERDIT To ...

737 KSV Actual Practice questions and answers 2023 how many passenger seats are there on the 737 D/N? - 160 (16 FC, 144 MC) broken down: 16 FC, 30 MCE, 114 MC how many passenger seats are on the 737 K/M? - 172 (16 FC, 156 MC) broken down: 16 FC, 30 MCE, 126 MC who can sit in a seat equipped with an air belt? - -lap kids -CRS (seatbelt extension required) -kids 2+ years old -pregnant women -customers needing seatbelt extensions does the brace position change for customers s...

What are the two main type of business transactions correct answer: Cash or Credit. Debit correct answer: Is always on the left-side of the column Credit correct answer: Is always on the right-side of the column Debit To own/have AN ASSET INCREASES eg: new office furniture CAPITAL/A LIABILITY DECREASES eg: pay an account payable INCOME DECREASES eg: cancel a sale AN EXPENCE INCREASES eg: incur advertising cost Left hand side correct answer: CERDIT To owe AN ASSET DECR...

Absorption costing correct answer: focuses on the total cost of producing one unit of output, includes fixed production overheads in valuation cost of production. Account correct answer: is a location where all items relating to one particular group are recorded. For example, cash items are recorded in the cash account. Account code correct answer: is a unique group of numbers and/or letters that is used to identify an item and classify it into a particular group. Accounts receiva...

ACCA Definitions FA1 & MA1 Questions With Complete Solutions ACCA Definitions FA1 & MA1 Questions With Complete Solutions

MATSE Exam 2 FA17 Solutions.

ACCA FA1 (In your studies for the ACCA Foundations in Accountancy qualification, and specifically for this paper on transaction accounting, you will be concerned with business transactions. There is no one definition of a business, although we all know more or less what it is. Broadly speaking it is a commercial organisation, large or small, which exists to make money or profits for its owners. It may make this money by manufacturing and/or selling goods or services)

A fold down panel also referred to as the _________ is on the aft cabin divider on aircraft _________. The panel enables __________________. This panel must __________________ during ___________________________. - Answer-Direct view panel, left, FA2 to have view of the cabin, be folded and latched open, taxi, take off, landing & turbulence A lavatory maintenance light button is located _________ both the FWD and AFT _________ . It is used for _________ to have adequate lighting while lavato...

Mesa Air operations are governed by federal aviation regulations approved by the CORRECT ANSWER-FAA All __________ are required to keep their assigned manuals current by __________ as they are issued. CORRECT ANSWER-Manual holders, incorporated revisions The flight attendants first concern at all times is CORRECT ANSWER-Passenger safety By FAA standards, how many flight attendants are required to be on an aircraft with 50 seats? CORRECT ANSWER-1 How many flight attendants are require...