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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: In what way is the concept of consistency applies to depreciation
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Q: What are three Possible ways to dispose of under-allocated or overa-allocated overhead costs at the end of a fiscal year
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Q: What is the difference between registered company and partnership
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Q: Difference between effective dated appraisal and retrospective appraisal
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Q: The office equipment account is classified as
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Q: Invoices should be coded for distribution in the General Ledger by referring to the
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Q: Purpose of grinding with sand and tca in preparing glycogen
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Q: Increase the speed of collection on receivables
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Q: What is reliability concept in accounting
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Q: How many types of e cash are there
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Q: Does the balance sheet proves that the debits and credit equal in the general ledger
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Q: What is the due process approach in setting accounting standards
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Q: What is the difference between outstanding assets and outstanding liabilities
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Q: Explain difference between fixed and flexible budget
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Q: If a longlived asset is not used for a productive purpose should it be classified as an investment
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Q: What is the relationship between financial accounting and mathematics
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Q: How can you pay a payroll tax liability
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Q: What is different vision vs mission
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Q: Contribution of eratosthenes
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Q: What is relevant cost range
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Q: Why is a share of Oil and Gas Development Corporation an asset for its owner and a liability for OGDC
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Q: Why is a share of OGDC common stock an asset for its owner and a liability for OGDC
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Q: What are the differences between tax and taxation
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Q: Record expenses that have incurred but not paid for yet
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Q: Users of accounting data
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Q: On the balance sheet the amount shown for the Allowance for Doubtful Accounts is equal to the
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Q: What does ledger mean
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Q: Is painting leasehold improvement
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Q: How do you calculate cash receipts
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Q: What are some examples of contra asset account
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Q: What is government accounting
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Q: What is Customer net revenue
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Q: What do you mean by Secondary books of account
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Q: Advantages and disadvantages of vat
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Q: Depreciation is called as notional cost why and explain
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Q: What is the best way to keep track of expenses
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Q: What are the journal entries to record depreciation of factory equipment
2 answers
Q: What is the difference between deferred cost and accrued cost
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Q: In accounting the first and most important step in the posting procedure is
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Q: Are computers fixed assets
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Q: The difference between variable factory overhead incurred and total standard variable factory overhead based on the actual quantity of the cost driver for applying the overhead is the
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Q: Differnce between outstanding expenses and prepaid expenses
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Q: Long term finance sources
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Q: What is the job costing and give you the example
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Q: Identify advantages of imprest system
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Q: What is retained earnings a asset
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Q: Is retained earnings an asset
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Q: What is asset function of money
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Q: What are owned resources of a business referred to as
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Q: What is the difference between standard cost and estimated cost
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