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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 inventory costing method that assigns the most recent costs to the most recently sold inventory
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Q: What are the rights of an auditor
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Q: Difference between gross income and net income
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Q: How many paragraphs are in a journal entry
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Q: What is the purpose of cheque butt
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Q: On a commission statement if the number is in parentheses is it negative
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Q: What accounts will be closed by debiting the Income Summary account
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Q: What is total cost
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Q: How can you monitor and manage every time a user changes an account single purchase limit to be greater than your organizations policy of a 5000 single purchase limit
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Q: If you need to change the address for an account after the setup is complete but before it is finalized what can you do us bank
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Q: Is Creditors an asset or liability
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Q: Account receivable means in Filipino
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Q: What is intended primarily to enhance a Person and tax advantage and retirement income
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Q: Is it necessary to login to use Quickbooks online
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Q: What is the primary difference between invoice receiving and blind receiving
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Q: How are the customer in the accounts receivable ledger arranged
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Q: If heather earns an annual salary of 46500 with federal income tax of 3200 state income tax of 930 and fica taxes at 7.65 percent what will her take home pay be after paying taxes
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Q: What is meant by paper transaction
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Q: What do you understand about privacy code of conduct and petty cash
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Q: Similarities between cost, financial and management accounting
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Q: How is recorded a cash payment received from a customer for a product purchased on account
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Q: What is a misapplication check
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Q: How does accounting profit or economic profit determine how entrepreneurs allocate resources between different business ventures
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Q: What is another name for symmetric balance or balance that shows a mirror image of one side on another.
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Q: what is pre-operating cost for a business
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Q: What are three basic activities of accounting
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Q: What is FSA TREAS MISC PAY
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Q: What journal entries are made in the books of the Head Office to incorporate the trial balance of an independent branch
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Q: If the AP account balance has increased on the trial balance that
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Q: What form lists how much was paid in state local taxes
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Q: What relationship exists between the average collection period and accounts receivable turnover
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Q: What are Condition for granting capital allowances
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Q: What are 3 things you should check when accepting a cheque for payment
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Q: How do you reject transactions
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Q: What bank in California is asigned ABA routing number 000000518
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Q: What is a claim on the property or income of a borrower called
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Q: What is Purchasing budget
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Q: What kind of tax accounts for about half the total tax revenue of state government
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Q: What is the amount owed to a business that are on a credit basis are considered a current asset on the book
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Q: What branch collect and spend money from taxes
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Q: In transaction management how do you match a transaction to a order
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Q: Is closing is noun
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