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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: What name is given to goods sold on credit
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Q: What is the purpose of a prison audit report
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Q: Can you claim landscaping on your tax return
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Q: Is a device used to record the changes in the accounting elements
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Q: What happens if you forget to sign out of an account
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Q: Why cant you balance yourself in the dark
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Q: Where do you send the 1099-misc copy 1 for wi state tax dept
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Q: How many work in process accounts maintained in a company that uses process costing
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Q: When the owners withdraws cash from the business for personal use total owners equity
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Q: What is deposit code
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Q: How did the men react to their deduction in pay about the glory
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Q: What is Processing of data or transaction as they occur
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Q: What The sales tax rate in a city is 8.1 Find the tax charged on a purchase of 244
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Q: What bank has sort code 090133
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Q: Can a fixed cost be changed
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Q: What Types of partnerships limits the partners' risk of losing their personal assets to only their own acts and omissions
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Q: What does cheque contain generally
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Q: What is an MT542
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Q: What decreases a cash account
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Q: When was the first checkbook
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Q: How do you show units in an invoice
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Q: Do you need to issue a 1099 form to a Limited Liability Corporation
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Q: When should the receiving activity send a receiving report to Accounts Payable
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Q: Interstate transactions be different without the UCC
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Q: A trial balance indicate the right amounts were posted to the correct ledger
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Q: What are two sources of income for an individual
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Q: What is fostered goodwill
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Q: How do you get lost account number
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Q: What is closing capital
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Q: Accountants do not attempt to measure the change in a plant asset's fair value during ownership because of what
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Q: Are consumable stores asset or liability
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Q: What does an exclamation mark means in where's my refund status
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Q: How can you report someone for claiming a dependent that shouldn't be claimed by them
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Q: Why is it important to accurately cost a product
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Q: How much money can the IRS take from your check if your behind
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Q: Ted used a 150 check to pay for some books. Where in his checkbook register should he write this amount
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Q: When expense exceed revenues owners equity increases
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Q: What is a contra asset account
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Q: What is sales less purchases
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Q: Do you pay income tax on us savings bonds
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Q: What is marshalling receipts and issuing
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Q: Can I deposit into account by giving them my account and amp routing number
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Q: What center has no revenue budget and no obligation to earn revenue
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Q: How to reduce ordering cost
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Q: How do you minimize Inventory
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Q: When the bank says an amount is pending can i still close the account if i deposit the amt pending or leave that amount in the old accountnd then it closes
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Q: What are the jump statements
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Q: Should the bad debt be posted on factory cost
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Q: Completing and submitting next fiscal years budget execution plan (EP) finalizing the 2nd tri annual review (TAR) and completing the mid year review occur in which quarter
1 answer
Q: What are the main advantages of a corporation
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