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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: Compare and contrast between cost accounting and financial accounting
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Q: Why do you prepare a Bank Reconciliation Statement
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Q: Is stock valued at cost or sales price
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Q: What is the job of an accountant
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Q: What is a pass through entity
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Q: What is internal role of accounting for an organisation
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Q: What reports alerts you to errors in your books
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Q: Where do you enter Retained Earnings on a Cash Flow Statement
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Q: A perfectly competative firms marginal cost exceeds its marginal revenue at its current output To increase its profit the firm will
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Q: How does a financial institution determine when to withhold tax on investment income
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Q: Where does unearned service revenue go on a multiple step income statement
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Q: How do you calculate variable cost per unit
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Q: What is audit control
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Q: Difference between absorption costing AND target costing
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Q: What is the normal balance of unearned rent
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Q: Define fixed assets
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Q: What is a purchase journal used for
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Q: Nature and scope of management accounting
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Q: What contra account is used when recording and reporting the effects of depreciation and why is it used
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Q: What is internal check as regard wages
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Q: What is the average starting salary of a nuclear power plant supervisor
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Q: Accounting is an art and also a science discuss
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Q: Are employer identification numbers private
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Q: How many times in a year can a proprietor withdraw money for personal use
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Q: How many accounting standards are currently published
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Q: Categories of business resources
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Q: What bank branch is sort code 52 38 18
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Q: Identify two important issues in international accounting today
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Q: Is public administration science or art
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Q: J. true or false In cash as contrasted with accrual accounting a company does not record amounts due from customers in its accounting records.
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Q: Why do organisations normally charge overheads to products in addition to the direct costs involved in making the products
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Q: Is it possible to have a positive net income and a negative cash flow from operations
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Q: Why is it important to dress proper for a job
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Q: What is a principal partner in a partnership
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Q: Merits and demerits of An Accounting information system
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Q: What do you understand by internal control system
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Q: What are the qualities of an auditor
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Q: What are the accounting journal entries to record a purchase of inventory at a distressed price
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Q: Who is the internal user and who is the external user in accounting
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Q: What is Classic Withholding Tax
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Q: Hawthorne study in history of management
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Q: How does a corporation properly account for the repurchase of its own shares from a shareholder
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Q: All long-term debt maturing within the next year must be classified as a current liability on the balance sheet
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Q: What is interium dividend
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Q: How is auditing distinguishable from bookkeeping and accounting
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Q: How useful are companies annual report in assessing their strategic direction
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Q: What is prox 60 payment terms
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Q: Why would a corporation repurchase its own stock
1 answer
Q: What is time-series
2 answers
Q: What is meant by auditing
1 answer
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