Accounting%201 Study guides, Class notes & Summaries

This bundle of notes is from my Accounting 201 class. They are extremely detailed and perfect for passing the course with an A. PS I passed with an A on my first try.

CHAPTER 11 ACCT 403 Exam 37 Questions with Verified Answers Which of the following is not true regarding the CISA certification? a) CISAs must comply with the Code of Professional Ethics b) Maintaining the CISA designation requires substantial continuing professional education c) The CISA exam covers a variety of job practice areas relevant to IT auditing d)The CISA exam is administered by the Institute of Internal Auditors - CORRECT ANSWER D The scope of an internal audit function inc...

CHAPTER 1 MANAGERIAL ACCOUNTING SUMMARY OF QUESTIONS BY LEARNING OBJECTIVES AND BLOOM’S TAXONOMY Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT True-False Statements 1. 1 C 9. 1 K 17. 2 C 25. 3 C 33. 2 C 2. 1 K 10. 2 K 18. 2 K 26. 3 C 34. 2 K 3. 1 K 11. 2 K 19. 2 K 27. 3 K 35. 2 K 4. 1 K 12. 2 K 20. 2 K 28. 4 K 36. 3 K 5. 1 K 13. 2 K 21. 3 K 29. 4 K 37. 3 K 6. 1 K 14. 2 C 22. 3 K 30. 4 K 7. 1 C 15. 2 C 23. 3 K 31. 1 K 8. 1 K 16. 2 K 24. 3 K 32. 1 K Mult...

BSM1602 Business Management 1B This document is a compilation of UNISA Questions and Answers for BSM1602 Answers are motivated by a combination of: Page references to the UNISA Study Guide and/or Prescribed Textbook: Short summaries and/or content from the Guide regarding the relevant topic(s) in question. (Incorrect options are also marked where applicable, in order to identify and disregard red‐herring alternatives) Assignments and Exams: All Assignments from 2017 and 2020 are cover...

accounting - ANSWERSis the recording, measurement, and interpretation of financial information. certified public accountant (CPA) - ANSWERSan individual who has been certified by the state in which he or she practices to provide accounting services ranging from the preparation of financial records and the filing of tax returns to complex audits of corporate financial records forensic accounting - ANSWERSwhich is accounting that is fit for legal review. It involves analyzing financial docum...

MIE 201 Test 5 Makanui

Sole Proprietorship - ️️business owned by one person simple to establish owner controlled tax advantages owner personally liable financially difficult Partnership - ️️2 or more owners simple to establish shared control broader skills and resources tax advantages personally liable Corporation - ️️separate legal entity owned by stockholders easy to transfer ownership greater capital raising potential unfavorable tax treatment lower legal liabilities for owners...

CISA Exam 14, 13 mc, 10 mc 55 Questions with Verified Answers (CISA exam, adapted) Authentication is the process by which the: system verifies that the user is entitled to enter the transaction requested. user identifies him- or herself to the system. system verifies the identity of the user. user indicates to the system that the transaction was processed correctly. - CORRECT ANSWER system verifies the identity of the user. (CMA exam, adapted) Data processing activities may be classi...

Accounting 201 Test Questions And Answers Accounting - ANSWER- The art of recording, classifying, reporting, and interpreting the financial data of an organization. Accounting equation - ANSWER- An expression in dollar amounts of the equivalency of the assets and equities of an enterprise, stated as Assets=Liabilities+Owner's equity. Accounting principle - ANSWER- A broad rule adopted by the accounting profession as a guide in measuring, recording, and reporting the financial affairs a...

BUS 201 Wiley plus questions and answers latest 2023Which of the following is the most appropriate and modern definition of accounting? A. Electronic collection, organization, and communication of vast amounts of information. B. The information system that identifies, records, and communicates the economic events of an organization to interested users. C. A means of collecting information. D. The interconnected network of subsystems necessary to operate a business. B. the information syst...