Principles of group accounting under ifrs Study guides, Class notes & Summaries
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![Financial Accounting & Reporting with correct answers](/docpics/5619448/666954632478d_5619448_121_171.jpeg)
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Financial Accounting & Reporting with correct answers
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Financial Accounting & Reporting with correct answers 
 
 
External transactions - What are those transactions economic events involving one entity and another entity? 
 
Internal transactions (production and casualty loss) - These are economic events involving the entity only. 
 
Measuring - This accounting process involves the accountable economic transactions and events as to Assigning of Peso Amounts 
 
Other assets - Advances to employees is under what line item in the balance she...
![Financial Accounting & Reporting with correct answers](/docpics/5619487/6669559020ef7_5619487_121_171.jpeg)
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Financial Accounting & Reporting with correct answers
- Exam (elaborations) • 15 pages • 2024
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Financial Accounting & Reporting with correct answers 
 
 
External transactions - What are those transactions economic events involving one entity and another entity? 
 
Internal transactions (production and casualty loss) - These are economic events involving the entity only. 
 
Measuring - This accounting process involves the accountable economic transactions and events as to Assigning of Peso Amounts 
 
Other assets - Advances to employees is under what line item in the balance she...
![Using Financial Accounting Information The Alternative to Debits and Credits 10th Edition - Test Bank](/docpics/3425205/6500e0222dbf0_3425205_121_171.jpeg)
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Using Financial Accounting Information The Alternative to Debits and Credits 10th Edition - Test Bank
- Exam (elaborations) • 1472 pages • 2023
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Appendix A True / False 
1. The state of economic development can affect accounting standards. a. True 
b. False 
ANSWER: 
DIFFICULTY: REFERENCES: 
LEARNING OBJECTIVES: NATIONAL STANDARDS: ACCREDITING STANDARDS: 
KEYWORDS: 
True 
Easy 
pp. A-2-A-3 
FACC.PONO.18.A-01 - LO: A-01 
United States - BUSPROG: Diversity 
ACBSP: APC-02-GAAP AICPA: FN-Reporting 
Bloom's: Remembering 
2. Japan has a greater number of differences than the United States between the amount of income reported to stockholders ...
![ACCTG 471 - Exam #1 with correct 100% answers 2024.](/docpics/5145814/66302a00e0200_5145814_121_171.jpeg)
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ACCTG 471 - Exam #1 with correct 100% answers 2024.
- Exam (elaborations) • 24 pages • 2024
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Assets - answer--Cash 
-A/R 
-Securities 
-Inventory 
-PP&E 
 
*Normal Balance is a DEBIT (Debits increase asset accounts) 
 
Liabilities - answer--A/P 
-Wages Payable 
-Notes Payable 
-Pension Obligations 
 
*Normal Balance is a CREDIT (Credits increase liabilities) 
 
Equity - answer-1. Paid-in Capital 
2. Retained Earnings 
 
*Normal Balance is a CREDIT (Credits increase equity) 
 
-A debit to the equity account is an increased expense 
 
-A credit to the equity account is an increase in ret...
![Modern Advanced Accounting in Canada 9Th Edition By Darrel -Test Bank](/docpics/3425228/6500e114558ab_3425228_121_171.jpeg)
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Modern Advanced Accounting in Canada 9Th Edition By Darrel -Test Bank
- Exam (elaborations) • 1051 pages • 2023
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Conceptual and Case Analysis Frameworks for Financial Reporting 
Multiple Choice Questions 
1. Which of the following would NOT be a reason to obtain a greater understanding of accounting practices in other nations? 
A. Financial results are disclosed in different currencies. 
B. One needs to be aware of differing disclosure requirements from nation to nation, as this impacts the preparation of financial statements. 
C. Income-smoothing may have affected a foreign subsidiary's results; such smo...
![FSA SASB LEVEL I TEST WITH CORRECT ANSWERS 2024](/docpics/5151675/6630eb7a90147_5151675_121_171.jpeg)
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FSA SASB LEVEL I TEST WITH CORRECT ANSWERS 2024
- Exam (elaborations) • 26 pages • 2024
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- answer- 
 
What is the historical evolution of disclosure? Why is that relevant today? - answer-x 
 
How and why has sustainability accounting and disclosure evolved to supplement financial A&D? - answer- 
 
Characteristics of SASB D&A - answer-D&A metrics contextualize understanding of a firm's operations and strategic initiatives 
 
What is SICS? - answer-Sustainable Industry Classification System create and outline SASB Sectors and Industries 
 
Classification system to meet the needs of u...
![FSA SASB LEVEL I TEST WITH CORRECT ANSWERS 2024](/docpics/5151673/6630eb7554996_5151673_121_171.jpeg)
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FSA SASB LEVEL I TEST WITH CORRECT ANSWERS 2024
- Exam (elaborations) • 26 pages • 2024
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- answer- 
 
What is the historical evolution of disclosure? Why is that relevant today? - answer-x 
 
How and why has sustainability accounting and disclosure evolved to supplement financial A&D? - answer- 
 
Characteristics of SASB D&A - answer-D&A metrics contextualize understanding of a firm's operations and strategic initiatives 
 
What is SICS? - answer-Sustainable Industry Classification System create and outline SASB Sectors and Industries 
 
Classification system to meet the needs of u...
![FSA SASB LEVEL I TEST WITH CORRECT ANSWERS 2024](/docpics/5152725/663100ad81439_5152725_121_171.jpeg)
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FSA SASB LEVEL I TEST WITH CORRECT ANSWERS 2024
- Exam (elaborations) • 26 pages • 2024
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- $7.99
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- answer- 
 
What is the historical evolution of disclosure? Why is that relevant today? - answer-x 
 
How and why has sustainability accounting and disclosure evolved to supplement financial A&D? - answer- 
 
Characteristics of SASB D&A - answer-D&A metrics contextualize understanding of a firm's operations and strategic initiatives 
 
What is SICS? - answer-Sustainable Industry Classification System create and outline SASB Sectors and Industries 
 
Classification system to meet the needs of u...
![Test Bank (Downloadable Files) for Intermediate Accounting, Volume 1 & 2, 12th Canadian Edition, Donald E. Kieso](/docpics/60d5d392cabd2_1185487.jpg)
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Test Bank (Downloadable Files) for Intermediate Accounting, Volume 1 & 2, 12th Canadian Edition, Donald E. Kieso
- Exam (elaborations) • 36 pages • 2021
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CHAPTER 1 
THE CANADIAN FINANCIAL REPORTING ENVIRONMENT 
CHAPTER STUDY OBJECTIVES 
 
 
1. Understand the financial reporting environment. Accounting provides reliable, relevant, and timely information to managers, investors, and creditors so that resources are allocated to the most efficient enterprises. Accounting also provides measurements of efficiency (profitability) and financial soundness. Investors, creditors, management, securities commissions, stock exchanges, analysts, credit rating ag...
![FSA SASB LEVEL I TEST WITH CORRECT ANSWERS 2024](/docpics/5151676/6630eb7d53505_5151676_121_171.jpeg)
-
FSA SASB LEVEL I TEST WITH CORRECT ANSWERS 2024
- Exam (elaborations) • 26 pages • 2024
-
- $7.99
- + learn more
- answer- 
 
What is the historical evolution of disclosure? Why is that relevant today? - answer-x 
 
How and why has sustainability accounting and disclosure evolved to supplement financial A&D? - answer- 
 
Characteristics of SASB D&A - answer-D&A metrics contextualize understanding of a firm's operations and strategic initiatives 
 
What is SICS? - answer-Sustainable Industry Classification System create and outline SASB Sectors and Industries 
 
Classification system to meet the needs of u...
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