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Accounting 1A summary
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This summary includes the history of accounting, users of accounting, uses of accounting, GAAP, qualitative characteristics, financial accounting vs management accounting, different transactions that take place, VAT and the requirements for a valid tax invoice.

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  •  Book
  • Summary
  •  • 3 pages • 
  • by nat312 • 
  • uploaded  21-09-2020
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notes for fundamental of accounting 1 and 2 for senior high taking ABM strand and for 1st year college taking Accountancy
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This is a notes for senior high school and 1st year college whose taking Accountancy, Business and Management (ABM) and 1st year college whose taking Accountacy

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  • Class notes
  •  • 12 pages • 
  • by princessjuliamae • 
  • uploaded  07-01-2020
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FINACIAL ACOOUNTING: ACCOUNTING 101 multiple choice questions
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FINACIAL ACOOUNTING ACCOUNTING 101 Exam Multiple Choices 1) What exists when budgeted costs exceed actual results? A. A budgeting error B. A favorable difference C. An unfavorable difference D. An excess profit 2) The conceptual framework developed by the Financial Accounting Standards Board __________. A. was approved by a vote of all accountants B. are rules that all accountants must follow C. is viewed as providing a constitution for setting accounting standards for financial repo...

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  • Exam (elaborations)
  •  • 3 pages • 
  • by Bobflich • 
  • uploaded  07-07-2020
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FAC3762- LU7 Financial instruments
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This document contains a detailed summary of FAC3762 and included all material in the prescribed textbooks - Group statements volume 1 & 2 17th Edition. It also includes all information in study guides, examples from the study guide and prescribed textbook as well as additional resources obtained via accounting platforms to better explain the work. If you do not have access to the prescribed textbooks, this summary contains all the information provided in Group Statements volume 1 and 2 17th Edi...

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  • Summary
  •  • 52 pages • 
  • by danielesteyn • 
  • uploaded  22-06-2020
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Test Bank CHAPTER 22 ACCOUNTING CHANGES AND ERROR ANALYSIS
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CHAPTER 22 ACCOUNTING CHANGES AND ERROR ANALYSIS TRUE-FALSE—Conceptual Answer No. Description F 1. Change in accounting estimate. T 2. Errors in financial statements. F 3. Adoption of a new principle. T 4. Retrospective application of accounting principle. F 5. Reporting cumulative effect of change in principle. T 6. Disclosure requirements for a change in principle. T 7. Indirect effect of an accounting change. T 8. Retrospective application impracticality. F 9. Reporting changes i...

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  • Answers
  •  • 35 pages • 
  • by solutions • 
  • uploaded  18-10-2020
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ACCOUNTING ACCT 521 Exam One>The SEC and Financial Reporting(WITH ANSWERS)100% Correct.
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Topic: Mission of the SEC LO 1 Which one of these statements best describes the principal mission of the SEC? a. To ensure the profitability and safety of investments offered to the public b. To promote efficient capital allocation by ensuring that securities markets function fairly and honestly c. To promulgate accounting and auditing standards d. To maintain a database useful in securities research ANS: b 2. Topic: Securities legislation LO 1 The Private Securities Litigation Reform Act of 199...

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  • Study guide
  •  • 257 pages • 
  • by siddlee1434 • 
  • uploaded  07-10-2020
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