Register accountant Samenvattingen, Aantekeningen en Examens

When a company is trying to regulate its spending and track incoming funds, the accountant should prepare an income statement once - every month. What is convertible securities used for - to convert another security (usually stock or bond) and raise capital by way equity. What is the best way to identify the use of debt financing to raise capital by way of equity. - Convertible securities Direct stock offerings Initial public offerings are all equity financing In the accounting cycle, cl...

Wise Review-Banking Questions and Answers Rated A+ accountant a person whose job is to keep or inspect financial accounts. ATM card is a bank card used to access an ATM. People who have a checking account also have a card that can be used at an ATM, like a debit card. Automatic Draft is a service that allows you to automatically pay your monthly water bill using your checking account, but without writing checks banker the person running the table, controlling play, or acting as dealer in some...

Client Needs Assessment Process - Answer Who, What, When, and How Who? - Answer Get to know who your client is, what they stand for, what they're aiming for and where they're coming from What? - Answer Every business, large or small, has a variety of parts. You need to find our what they are in order to best discuss QBO functionality and benefits with them, When? - Answer How often do they run reports? What are their internal and external deadlines? All of your clients will have compl...

The Securities and Exchange Commissions was born on June 6, 1934 Responsibility of the Securities and Exchange Commission Ensuring that complete and reliable information is available to investors. Securities and Exchange Commission Independent agency of the federal government created by the Securities Exchange Act of 1934. Mission of the U.S. Securities and Exchange Commissions Protect investors, maintain fair, orderly, and efficient markets, and facilitate capital forma...

Statutes and Regulations Casualty Insurance Illinois, Property & Casualty IL Law, IL Casualty Insurance Practice Test Questions and Answers Graded 100% 2023. Which of the following is NOT a duty of the director of insurance? Setting premium rates. Illinois law requires that a licensed insurance producer notify the director, in writing, of any change in their residential areas within 30 days All of the following are true about the bond requirements in the state of illinois EXCEPT Insuranc...

When a company is trying to regulate its spending and track incoming funds, the accountant should prepare an income statement once - Answer-every month. A lending company will review a borrower's accounting documentation to evaluate - Answercreditworthiness. Which of the following doctrines prevents a person from insuring a neighbor's house? - Answer-Doctrine of subrogation Which of the following inventory systems is designed to record the actual costs associated with the inventory using...

curities and Exchange Commission The SEC was created by the 1934 Act and is an independent regulatory agency of the US government. The SEC exercises quasi-judicial, quasi-legislative and administrative functions. Two basic objectives of the Securities Act of 1933 - require investors and prospective investors to be provided with information concerning securities offered for public sale. - to prevent misrepresentations, deceit and other fraud in the sale of securities. Securities ...

Which type of threat to ethical decision-making is demonstrated by this practice? Self-review Self-interest Adverse interest Undue influence - ANSWER Undue influence 8. A CPA has prepared a couple's joint tax returns for 10 years, but the couple is now experiencing a complicated divorce where both parties wish to claim the same child as a dependent. The CPA agrees to work with both clients on their tax returns. Which standard of the AICPA Code of Professional Conduct is being vi...

WGU C254 - Fraud and Forensic Accounting, Questions and answers, Rated A+ the usual penalty in a civil case is - -Monetary Damages and Equitable Releif The burden of proof in a criminal case is - -beyond a reasonable doubt which of the following is a source of law in the United States? Case law, Constituational Law, Administrative Law, Statutory Law - -Constitutional, Statutory, Case, and Administrative law the first 10 amendments of the U.S. Constituion are the - -Bill of rights Dire...

At what point must a life insurance applicant be informed of their right that fall under the Fair Credit Reporting Act? - ANSWER upon completion of the application Who elects the governing body of a mutual insurance company? - ANSWER policyholders An insurance applicant MUST be informed of an investigation regarding his/her reputation and character according to the - ANSWER Fair Credit Reporting Act What type of reinsurance contract involves two companies automatically sharing their ris...