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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: Why is profit maximization not an appropriate goal of the firm
1 answer
Q: What is PAYG tax
1 answer
Q: 'What is the difference between sales forecast and sales quota
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Q: How do you remove an unpaid judgment more than 7 years old from your credit report
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Q: How you compare unpaid income tax with income tax expense
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Q: What accounts will normally maintain a credit balance prepaid taxes interest income rent expense equipment
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Q: How do you recognize actuarial gains and losses in defined benefit superannuation plan
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Q: What is the definition of 'full cost basis'
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Q: Who can file a joint income tax return
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Q: If a Company owns ordinary shares in another company are these treated as a tangible or intangible asset within the accounts.
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Q: Is my liability Insurance based on payroll or sales
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Q: How much do Certified public accountants who specialize in forensic accounting make
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Q: If your bank bounced a check can you pay the merchants bank in cash the next day and have that be sufficient
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Q: How do you calculate a direct cost of sales in a business plan
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Q: What is a Long Term Notes Payable
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Q: Direct recording of purchases or sales into a computerised accounting system
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Q: How do you print out a detailed settlement from a BA Merchant Services credit card machine
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Q: If the price of a 21 pair of jeans is reduced by one-third how much tax must be paid on the jeans in a state that has 3 sales tax
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Q: What is revenue recognition
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Q: What is the ability to pay principle of taxation
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Q: Why is it important to post to the subsidiary ledger daily
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Q: Consolidated income statement
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Q: Why the financial year starts from April and ends in March
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Q: What is difference between unit-level and batch-level activities
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Q: What is the advantages of management control system
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Q: How much does a CEO of an architecture firm make annually
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Q: Do you have to pay taxes
3 answers
Q: How can you find the variable cost per unit based on current prices and cost of sales
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Q: Is itemizing charitable deductions worthwhile on your taxes
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Q: What do you need to know about filing your tax return if you have filed bankruptcy during that year.
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Q: What happens when the credit card on file with a company you owe money to is invalid
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Q: If an independent executive of an estate is paid 6300 dollars does she have to pay taxes on that
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Q: What is hire purchase system
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Q: If you file chapter 13 will it take your income tax
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Q: Are you responsible for the non-payment of a credit card when the statements were sent to the wrong address from day one and the account went to collections
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Q: What do you do when you have a wage levy from the IRS but your tax refund should cover the amount owed
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Q: If you file a chapter 13 bankruptcy and include taxes years 2004 2005 can the IRS take your refund in 2007 for what you owe for tax year 2004
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Q: Why did the IRS enact the 20 percent withholding for distributions from employer sponsored retirement plans
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Q: If your spouse dies do you file taxes any differently
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Q: How do you dispute a charge from a collection agency for items that were sent to you that you did not order and have been returned to the company
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Q: If you recently had an account charged off and you are back on your feet and working on rebuilding your credit will it help your score if you pay the collection agency
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Q: When a company receives an invoice demanding payment for goods what 2 documents should they check before paying it
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Q: Can having too many charge accounts or closing extra accounts negatively affect your credit score
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Q: What is credit analysis
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Q: Define branch account
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Q: Can a collection agency go after you if you do not owe the debt
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Q: What is corporate taxation
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Q: Permanent residence in SC work in NC which state will tax be paid to
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Q: Can a credit union list an account on your credit as a charge off and then a collection agency list the same account as a bad debt so that it appears to be two different items
1 answer
Q: What are your taxes used for
1 answer
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