Grade 11 accounting Study guides, Study notes & Summaries

I am really passionate about accounting. These notes will really help you to understand the theory behind the work that you are doing. It will enable you to see the bigger picture, and surely improve your grades. Happy studying!

Auditing Exam 1|359 Questions with Verified Answers 1. Which of the following would be considered an assurance engagement? a. Giving an opinion on a prize promoter's claims about the amount of sweepstakes prizes awarded in the past. b. Giving an opinion on the conformity of the financial statements of a university with generally accepted accounting principles. c. Giving an opinion on the fair presentation of a newspaper's circulation data. d. Giving assurance about the average drive len...

OCTOBER/NOVEMBER 1.5) Password controls  Passwords should be unique to each individual (group passwords should not be used).  Passwords should consist of at least six characters, be random not obvious, and a mix of letters, numbers, upper/lower case and symbols.  Passwords/user-IDs for terminated or transferred personnel should be removed/disabled at the time of termination or transfer.  Passwords should be changed regularly and users should be forced by the system, to...

WGU C483 - Principles of Management Final Exam Questions and Answers Latest Updated 2024/2025 (Graded A+) Accountability - Correct answer The expectation that employees will perform a job, take corrective action when necessary, and report upward on the status and quality of their performance 3. Accounting audits - Correct answer Procedures used to verify accounting reports and statements 4. Acquisition - Correct answer One firm buying another 5. Activity-based costing (ABC) - Correct answe...

Test Bank Marketing Management, 3rd Edition Greg Marshall Mark Johnston Contemporary Marketing 3rd Edition – Test Bank Chapter 1—Marketing: The Art and Science of Satisfying Customers MULTIPLE CHOICE 1. What utility does Cannondale create when the company combines aluminum and other components in the production of bicycles? a. ownership utility b. form utility c. place utility d. time utility REF: 5 NOT: AACSB Reflective Thinking | TB&E Model Marketing Plan 2. When you purchase concert ticke...

CHAPTER 3—ANALYSIS OF FINANCIAL STATEMENTS TRUE/FALSE 1. Ratio analysis involves analyzing financial statements in order to appraise a firm's financial position and strength. ANS: T PTS: 1 DIF: Difficulty: Easy OBJ: LO: 3-1 NAT: BUSPROG: Reflective Thinking STA: DISC: Financial statements, analysis, forecasting, and cash flows LOC: TBA TOP: Ratio analysis KEY: Bloom’s: Knowledge 2. The current ratio and inventory turnover ratios both help us measure the firm's liquidity. The current ...

2024 HFMA CRCR Part 1 Latest Questions With Complete Grade A Answers 1. Describe the paper and electronic claims flow process. Answer: 1. Electronic Claim Submission= EDI claims forwarded to either directly or via EDI clearing house/ vendor. 2. Claims Verification= Clearinghouse specifications and insurance company requirements used to validate transmitted claims. 3. Rejected Claims = Claims not meeting requirements returned via clearinghouse error report. 4. Accepted claims= sent ...

Accommodation - Correct answer A style of dealing with conflict involving cooperation on behalf of the other party but not being assertive about one's own interests 2. Accountability - Correct answer The expectation that employees will perform a job, take corrective action when necessary, and report upward on the status and quality of their performance 3. Accounting audits - Correct answer Procedures used to verify accounting reports and statements 4. Acquisition - Correct answer One fi...

MAT 150 GRADED Questions and Answers (2023/2024) A marketing class of 50 students evaluated the instructor using the following scale: superior, good, average, poor, and inferior. The descriptive summary showed the following survey results: 2% superior, 8% good, 45% average, 45% poor, and 0% inferior. Select one: a. The instructor's performance was great! b. The instructor's performance was inferior. c. Most students rated the instructor as poor or average. d. No conclusions can be made...

WGU C428 Review Latest Update Graded A Direct Costs Costs that can be specifically identified with a particular project or activity. Direct Labor - Direct Materials - Manufacturing Supplies Indirect Costs Costs that are the result of general operations and are not directly tied to any specific project or activity Rent - Utilities - General Office Expenses Cost Prior to delivery of service Cash Payment for operations, revenue, form of accounting Capital Investment, fixed assets, encompass m...