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There is not a place that you can find the answers to the mid-term. The tests will vary each year. You need to study for the mid-term to make sure you will know the answers.

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Explan the term accounting cycle why is it called cycle?

accounting is the systematic representation


What has the author Paul D Kimmel written?

Paul D. Kimmel has written: 'Financial Accounting - Tools for Business Decision Making 2e Sol Tr' 'Princples Accounting, 1st Edition, Volume 1, with Student Access Card eGrade Plus 1 Term and Take Action CD Set' '(WCS)Financial Accounting 4th Edition Chatpers 1-9 with Managerial Accounting 3rd Edition Chapters 1, 5 & 9 for CMU' 'Managerial Accounting' 'Financial accounting' -- subject(s): Accounting 'Principles of Accounting' 'Accounting' '(WCS)Financial Accounting 3rd Edition for University of Arizona' 'Accounting' -- subject(s): Accounting, Business, Decision making, Accountancy '(WCS)Financial Accounting Lecture Guide with Syllabus for California State University Northridge' 'Principles of Accounting, 1st Edition, with Annual Report and Student Access Card for eGrade plus 2 Term Set' 'eGrade Plus Stand-alone for Principles of Accounting 1st Edition (2 term) (eGrade products)' 'Financial Accounting 2e Sol' 'Financial Accounting - Tools for Business Decision Making 2e TB' 'Accounting' -- subject(s): Accounting, Business, Decision making 'Accounting' -- subject(s): Accounting, Business, Decision making 'Principles Accounting, 1st Edition, Annual Report with Take Action CD Student Access Card eGrade Plus 2 Term and Student Access Card WebCT Set' 'Financial Accounting' -- subject(s): Accounting


Who coined the term management accounting?

The term "management accounting" was popularized by the American Accounting Association (AAA) in the 1950s, although its roots can be traced back to earlier practices in accounting and business management. The AAA sought to distinguish management accounting from financial accounting, emphasizing its role in internal decision-making and operational efficiency. While no single individual is credited with coining the term, the association's efforts helped define and formalize the concept within the field of accounting.


What type of services does the company Trust Accounting offer?

The company Trust Accounting does not exist. Trust accounting is a term describing a certain type of accounting. There is special software that will aid in the trust accounting process.


What do you understand of the term generally accepted accounting principles?

acceptable in layman term


Is this a correct accounting term - Cut an invoice?

yes


What is the Accounting term Trustworthiness?

Obviously, you can trust them with your money.


What do current liabilities mean in accounting?

Current Liabilities in accounting are amounts that are owed by a business. The two types of current liabilities are short-term and long-term liabilities.


What concept is the most basic concept to accounting?

idea is more basic to accounting than the accounting unit or entity, a term used to identify the organization for which the accounting service is to be provided and whose accounting or other information is to be analyzed, accumulated, and reported.


What does the accounting term MPV mean?

Material Pricing Variance


What does the term capital assets mean in accounting?

In accounting the term capital assets refers to an asset that is usually held for the purpose of contributing to earnings for a business over a long period of time.


What does the term non profit accounting mean?

The term "nonprofit accounting" refers to the financial record keeping of companies that qualify for tax exemptions such as Charities, Hospitals, Government Departments and Credit Unions.