This class was created by Brainscape user tallulah s. Visit their profile to learn more about the creator.

Decks in this class (16)

Section 1
3 kinds of business 1,
2 kinds of merchandising 2,
3 elements to start a successful ...
54  cards
Section2
Resources 1,
Assets 2,
What is the basic accounting equa...
54  cards
section 3
Accounting seeks to communicate 1,
Parties interested in business in...,
General purpose financial stateme...
19  cards
section 4
Revenue recognition principle 1,
Matching principle is also known ...,
Matching principle 3
15  cards
study questions
The professional organization for...,
T f company stock values are infl...,
T f the primary purpose of financ...
28  cards
section 5
Net sales revenue 1,
What kind of account is sales dis...,
Is sales discount a real or nomin...
33  cards
section 6
Lifo fifo which method would prod...,
Mark up on cost is 2,
Which method fifo or lifo would p...
7  cards
section 7
What are internal controls 1,
What are some of the key internal...,
T f operating income or loss is e...
27  cards
section 8
T f a capitalized expenditure is ...,
Long term assets are also known as 2,
Long term assets might include 3
45  cards
section 9
Bond indenture 1,
Debentures 2,
Secured or mortgage backed bonds 3
21  cards
Section 10
Ratio analysis 1,
Current ratio measures 2,
Acid test 3
30  cards
formulas
Days sales 1,
Ar turnover 2,
Inventory turnover 3
18  cards
section 11
What are the 2 kinds of operating...,
Product cost 2,
Period costs 3
40  cards
section 12
Keys to competitive management ac...,
What does it mean when there is a...,
A debit balance in manufacturing ...
43  cards
section 13
Cvp 1,
Understanding how a company s var...,
A company s relevant range in the...
43  cards
section 14
Strategic planning 1,
Capital budgeting 2,
Operational budgeting 5 3
13  cards

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A2

  • Class purpose General learning

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