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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: How often do Heads of reporting organizations must prepare a statement of assurance on the status of internal controls
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Q: If you have 16 SLocs in your unit and the cyclic inventory has a material which you have issued to 8 different SHRs that particular material will appear on a minimum of inventory count shee
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Q: What are characteristics of final account
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Q: If you create an allocation rule to link to the office supplies mcc group to your purchasing department accounting code what will happen to transactions when they enter access online
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Q: What is journal entry for Cash embezzled by an employee 1000
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Q: Cash loaned to the company by a shareholder would be posted to the what Journal before being posted to the General Ledger.
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Q: How After you have approved transactions how can you determine which transactions you can still pull back
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Q: The income summary account has debits of 85000 and credits of 75000 before closing. Closing income summary will
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Q: Who is responsible for providing fiscal year end guidance procedures to bases and executing closeout checklists
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Q: What are the advantage of labour turnover
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Q: What assists you with purchases at the store
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Q: What is the process of analyzing the differences between the bank statement balance and the checkbook balance is
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Q: Is it true or false Under GAAP the accrual system of accounting is used by investors and banks for financial statements.
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Q: How does CAD speed up production and save cost
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Q: The internal control evaluation plan is developed by the Assessable Unit Manager managers and the Internal Control Administrator in accordance with SRO guidance and organizational objectives
3 answers
Q: Today news organization primarily create revenue through what
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Q: Adjusting entries are designed primarily to correct accounting errors
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Q: How many days do you have to work this summer to have a positive cash flow
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Q: Cost center managers (ccms) are usually at the level
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Q: Cost center managers (ccms) are usually at what level
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Q: Which of the following countermeasures should be used sparingly because of it's expense and maintainence difficulty
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Q: Are drawings credit or debit
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Q: Do most businesses periodically remove bad accounts from their books
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Q: How can you select to pay the full amount due a week before the payment due date in epay
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Q: In comparing African civilizations of the classical era the retained many Egyptian cultural influence while the retained closely related languages
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Q: What is the business process area that performs funds analysis and budgetary accounting in GFEBS
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Q: What are the Accounting principles
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Q: Is Capital stock asset or liability
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Q: What is real accounts
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Q: What of the two of the four accounts in the general ledger which need to be updated with adjusting entries
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Q: Someone who examines accounts officially
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Q: What type of system shuffles census and patient demographic information and deals with billing and accounting
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Q: What happens after all the closing entries have posted to the general ledger
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Q: In order to reduce their labor cost what might a company do
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Q: Which of these is a good method of increasing income so that it covers all expenses in a budget
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Q: IS CASH FLOAT CREDIT OR DEBIT IN A TRIAL BALANCE
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Q: What journal entries are passed as required declaration and payment of dividend
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Q: What does total assets less net fixed assets equal
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Q: Is salaries of factory security guards a period cost or product cost
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Q: What is the journal entry of solds goods Rs. 500
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Q: Why does it cost a lot to set up a plantation exclude the cost of the factory
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Q: Management accounting has been evowed to meet the needs of management explain this statement
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Q: Which statements correctly describe benchmarking
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Q: When applying the systems engineering process to determine the optimal design solution the impact on both immediate costs and life cycle costs needs to be considered with the greatest weight placed on
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Q: Printing and stationery expenses is fixed
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Q: Need to check my pay stubs for rent a center
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Q: What is drawn up to check that the two sides of the accounts are the same
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Q: How much of the firms earning are left as balance after the firms pay out dividends to its shareholders
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Q: Is return inwards a debit or credit
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Q: Why do people purge or clean out their financial records instead of keeping every financial document they receive
1 answer
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