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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: Is executive salary a fixed or variable cost
1 answer
Q: What are examples of variable cost in a fitness center
1 answer
Q: What is the focal point of the accounting cycle
5 answers
Q: Why is Equivalent units of production used in Process Costing
1 answer
Q: Is fixed costs is a period costs
1 answer
Q: What are the debts of a company called
1 answer
Q: What is the journal entry of business started with cash deposite in to bank
2 answers
Q: Why do general public use accounting information
1 answer
Q: How do you pass journal entry for epf
2 answers
Q: Why is managerial accounting relevant to accounting majors and their future careers
1 answer
Q: What are advantages of break point chlorination
1 answer
Q: Is return inward a current asset
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Q: Would you use an sales day book for creditor
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Q: What are the advantages and disadvantages of quality standards
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Q: What is the average profit margin for travel agency
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Q: Why drawing balance is debit
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Q: What accounting concept or principle provide guidance related to separate personal account with business account
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Q: Can VAT be claimed on consumables
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Q: How do you calculate fixed cost when you only have quantity and total cost
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Q: Why does a prospective partner need accounting information
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Q: Which quality of financial information makes it possible for users to confirm or correct prior expectation
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Q: What is the Journal Entry for Money Order Received
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Q: Why is it necessary to identify your current financial position before making further financial plans
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Q: What is the sum of direct labor and direct materials called
1 answer
Q: What is a journal entry to buy equipment with common stock
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Q: What is the meaning of trend analysis in management accounting
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Q: What is a dual effect in accounting
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Q: How do you do bar trading accounts
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Q: What accounts will still show a balance after the closing process is completed
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Q: Need and importance of computerized financial accounting
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Q: What is an opputunity cost
1 answer
Q: Where is the information needed to determine whether a company is using accounting methods similar to those of its competitors
1 answer
Q: Why is it important to consider marginal benefits and costs you do a cost benefit analysis
1 answer
Q: When a large marketing company contracts with a payroll service to company employee checks for them they are
1 answer
Q: What is a person who agrees to work without pay for a certain period of time in return for the payment of travel expenses
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Q: Do computerized systems use controlling accounts to verify the accuracy of the subsidiary accounts
1 answer
Q: Is net sales the same as total revenue
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Q: What do you call when total revenues equal total costs
1 answer
Q: What is quality of information that confirms users' earlier expectations
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Q: Is sales returns and allowance a current liability
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Q: What is HLP cost
2 answers
Q: What is journal entry of exgratia paid
1 answer
Q: Is owners equity equal to the business liabilities less the business assets
1 answer
Q: Can a company spend retained earnings
1 answer
Q: The starting point in the budgeting process is the preparation of what
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Q: Can someone help you solve this breakeven problem The break even sales revenue for a product costing 25 per unit is 550000 If budgeted sales are 10000 units what is the margin of safety
1 answer
Q: Why doesn't money last forever
1 answer
Q: Is wage sheet prepared by payroll department
1 answer
Q: What financial product has the most predictable income
1 answer
Q: Is accounts payable under income statement
1 answer
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