MBAStudy
MBA Accounting Exam - Acco unting
Guide
Study this set o nline at: https://www.cram.co m/flashcards/mba-acco unting-401617
What i s Accounti ng Counti ng Money Accounti ng f or Money
Why Accounti ng Good busi ness tool f or maki ng busi ness deci si ons
T wo broad categori es of accounti ng i nf ormati on users are I nternal to the busi ness enti ty, external to the busi ness enti ty.
T wo types of accounti ng f or the type of i nternal and external users of accounti ng
F i nanci al Accounti ng - E xternal s Manageri al Accounti ng - I nternal s
i nf ormati on
, MBAStudy
MBA Accounting Exam - Acco unting
Guide
Study this set o nline at: https://www.cram.co m/flashcards/mba-acco unting-401617
Shared vocabul ary and shared assumpti ons. Appl es are appl es and oranges are
Most i mportant thi ng about accounti ng?
oranges. Because we must make i nf ormed shared deci si ons
F ASB - F i nanci al Accounti ng Standard Boards GAAP - General l y accepted
What two bodi es oversee accounti ng standards
Accounti ng Pri nci pl es
What are the 4 type of general f i nanci al statements. 1) Cash F l ow 2) I ncome Statement 3) Bal ance Sheet 4) Changes i n E qui ty
Record of Sal e: 1) When the cash i s recei ved 2) When the goods are shi pped
What i s the di f f erence between Cash Accounti ng and Accural Accounti ng.
(Accural - a crui se SH I P)
MBA Accounting Exam - Acco unting
Guide
Study this set o nline at: https://www.cram.co m/flashcards/mba-acco unting-401617
What i s Accounti ng Counti ng Money Accounti ng f or Money
Why Accounti ng Good busi ness tool f or maki ng busi ness deci si ons
T wo broad categori es of accounti ng i nf ormati on users are I nternal to the busi ness enti ty, external to the busi ness enti ty.
T wo types of accounti ng f or the type of i nternal and external users of accounti ng
F i nanci al Accounti ng - E xternal s Manageri al Accounti ng - I nternal s
i nf ormati on
, MBAStudy
MBA Accounting Exam - Acco unting
Guide
Study this set o nline at: https://www.cram.co m/flashcards/mba-acco unting-401617
Shared vocabul ary and shared assumpti ons. Appl es are appl es and oranges are
Most i mportant thi ng about accounti ng?
oranges. Because we must make i nf ormed shared deci si ons
F ASB - F i nanci al Accounti ng Standard Boards GAAP - General l y accepted
What two bodi es oversee accounti ng standards
Accounti ng Pri nci pl es
What are the 4 type of general f i nanci al statements. 1) Cash F l ow 2) I ncome Statement 3) Bal ance Sheet 4) Changes i n E qui ty
Record of Sal e: 1) When the cash i s recei ved 2) When the goods are shi pped
What i s the di f f erence between Cash Accounti ng and Accural Accounti ng.
(Accural - a crui se SH I P)
