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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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Q: What is the journal entry for sundry creditors
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Q: What is Risk analysis based on assets and
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Q: When an account receivable is collected in cash the total assets of the business increase
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Q: Managerial accounting is what type of accounting
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Q: What are assets and liabilities reported on
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Q: Is legal fee a fix cost or variable cost
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Q: What is the toll free telephone number for Paychex Payroll
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Q: What is the correct spelling of bookkeeping
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Q: Are motor vehicles a debit or credit
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Q: How depriciation and tax are related
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Q: What are the five key control objectives in cash payment system
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Q: If assets are 365000 and equity is 120000 then liabilities are
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Q: Affordability and should cost means .
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Q: The increase of AP on the statement of cash flow shows
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Q: Cost of attendance is the amount of money it costs to complete what
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Q: What does liability mean
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Q: If Lisa must adjust her budget to save for a new washer and dryer what is this an example of
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Q: Sherry had an ending balance of 125.36 outstanding deposits of 153.53 and outstanding checks of 100.19. What was her checkbook balance
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Q: Profit is calculated by subtracting from revenues.
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Q: Which statement represents a view of an opponent of the social safety net
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Q: What is Business Capital
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Q: Which accounting system most accurately reflects profitability Cash Accrual or Flow of funds
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Q: Which business process area maintains GL accounts processes Journal Vouchers performs periodic cash balancing activities and conducts-end and year-end closings
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Q: Kendra needs to organize information about last year's sales. She wants to calculate how much revenue was generated and compare it to sales data from previous years. Which type of program will be the
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Q: The procedure of transferring journal entries to the ledger accounts is called
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Q: David needs to create a new spreadsheet that will help him determine the payroll deductions for each employee. Which function would he use when he wants the spreadsheet to decide a deduction based on
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Q: What type of balance is illustrated here Asymmetrical balance Symmetrical balance Radial balance
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Q: The balance identifier BID for the undelivered orders outstanding UOO stage of accounting is
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Q: What is the Generally Accepted Accounting Principles GAAP standard for copies of a check to be attached to all documents for filing and how many copies are required
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Q: What expenses does a courier freight forwarding company incur list some examples
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Q: In Government contracting one criterion for cost allowability is that the contractor's costs must comply with Generally Accepted Accounting Principles (GAAP) and Government Cost Accounting Standards (
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Q: A financial liability brought on by a loss that has resulted from illegal improper or incorrect payments refers to a
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Q: On May 31 of the current year the assets and liabilities of Riser Inc. are as follows Cash 11300 Accounts Receivable 6700 Supplies 650 Equipment 11200 Accounts Payable 8600. What is the amount of stoc
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Q: The program management office creates a(n) plan for each fiscal year of funding that is available for new obligations and a(n) plan for each fiscal year of funding that has been completely expended.
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Q: As production of an item increases what impact does that typically have on the unit cost
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Q: If you have a requirement to purchase equipment that was previously developed at Government expense and sold exclusively to the military. This type of item is
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Q: Arman sets the goal for his sales team to increase revenue by 40. Which main function of a manager does this demonstrate
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Q: How much can you make at age 65
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Q: What is floating assets
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Q: Allowance of a regular student
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Q: What balance identifier (BID) is used for filled customer orders collected (FOC) transactions recorded into the accounting system
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Q: The special account used only in the closing process to temporarily hold the amounts of revenues and expenses before the net difference is added to (or subtracted from) the retained earnings account
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Q: What is a gross income minus deductions
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Q: Is Net worth is the difference between your assets and your liabilities
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Q: How fixed manufacturing overhead costs shifted from one period to another under absorption costing.
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Q: What are the Disadvantages of journal
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Q: What is the necessary expense rule three-part test is intended to
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Q: Can you get your money back from money gram if you've already sent it
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Q: What quarter you begin developing the next fiscal year budget
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Q: What information displays On your cardholder account profile on the Default Accounting Code screen
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