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Accounting

Understand the language of business through the study of financial statements, budgeting, and taxation. Accounting is essential for business transparency and integrity.

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Questions
Q: True or false the debit ratio measures how quickly a company pays off the long term liabilities it has incurred
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Q: Is research and development a fixed or variable cost
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Q: What does xxxx mean European style
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Q: What is the composition of share capital
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Q: What is a Qualified IRA
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Q: What is 50k in cash
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Q: Why is direct tax is better than indirect tax
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Q: How do you know which transactions awaiting your
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Q: What are the usual required deductions
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Q: What are two places that can do your taxes for you for a price
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Q: If you forgot to charge sales tax on a final sale can you then go back to the customer and request that they pay it
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Q: Do you have to sign for your w2 form
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Q: Why is the valuation of inventories important in financial reporting
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Q: Under the LIFO inventory costing method are the most recent costs are assigned to ending inventory
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Q: What is the nab sort code
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Q: Which term repersents budget items that can change in value from month to month
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Q: How much can an ex spouse receive in a pension
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Q: The Cash Machine
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Q: Where to send 1040 income tax form
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Q: What is the non-mileage expense that requires a receipt in accordance with the JTR and the DoD FMR.
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Q: What does it mean to write-off
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Q: When you set up a managing account which fields are required
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Q: How do you record tax refund in journal entry
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Q: What is student allowance called
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Q: How can you filter a report to include only transactions in a given week on us bank
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Q: What is the tax rate for imputed income
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Q: Does net profit mean current year's profit
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Q: When does California start its fiscal year
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Q: What is the role of entity concept in business and accounting
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Q: Which of the following equations correctly describes how to calculate net income
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Q: What are the main key features of a database
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Q: How controls in accounting information system can improve the overall efficiency and effectiveness
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Q: Do International Accounting Standards have relevance in Australia
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Q: Is Inventory a tangible
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Q: What two distict flows may be classified with income
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Q: What type of tax takes a larger percentage of wealthier taxpayers' income and a smaller percentage of the income of those who earn less
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Q: How much is carers allowance
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Q: Where is interest income reported on form 1065
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Q: What is multiple overhead
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Q: What is a imp payroll deduction
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Q: Where is tax collected
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Q: How do you standardize balance sheets and income statements
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Q: What is invoice system
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Q: How would you identify timescales priorities and financial resources when preparing a budget
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Q: What is end to end payroll
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Q: How much do you pay for tax for 2000 income
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Q: What is the journal entry for Issued cheque in favour of Mr jain and bro and discount allowed by them
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Q: What are the disadvantages of perpectual inventory system
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Q: What is the limit you can deposit into a bank account without norifying the IRS
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Q: What is a credit balance in a vendors subsidiary account
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