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Rizza Cariño
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Decks in this class (19)
PARTNERSHIP
Which of the following is not an ...,
For financial accounting purposes...,
On july 1 x and y formed a partne...
30
cards
CORPORATE LIQUIDATION
In a statement of financial affai...,
In a statement of financial affai...,
In a statement of financial affai...
10
cards
HOME OFFICE AND BRANCH
The investment in branch and home...,
The home office ledger account in...,
For external reporting the indivi...
8
cards
JOB-ORDER COSTING
The two basic types of cost accou...,
Two basic costing systems for ass...,
Job order costing and process cos...
12
cards
PROCESS COSTING
What is the best cost accumulatio...,
Process costing is used in compan...,
The fifo method of process costin...
14
cards
JOINT AND BY-PRODUCT COSTING
Joint costs are useful for 1,
Blank 2,
Blank 3
19
cards
JIT AND BACKFLUSH
Just in time jit inventory systems 1,
It is a product costing system ge...
2
cards
ACTIVITY-BASED COSTING (ABC)
An accounting system that collect...,
Design of an abc system requires 2,
Of the following which is the bes...
27
cards
FOREIGN EXCHANGE (FOREX)
A foreign currency transaction in...,
What is a company s functional cu...,
In accounting the term translatio...
10
cards
DERIVATIVES
It is a financial instrument that...,
The basic purpose of derivative f...,
All of the following are characte...
16
cards
BUSINESS COMBINATION
Pfrs 3 defines it as a transactio...,
A business combination whereby th...,
A business combination in which a...
11
cards
JOINT ARRANGEMENT
It is characterized by a contract...,
It is contractually agreed sharin...,
It is a type of joint arrangement...
7
cards
NON-PROFIT ORGANIZATIONS (NPOs)
A private not for profit universi...,
What are the three categories of ...,
Net assets restricted as to time ...
23
cards
GOVERNMENT ACCOUNTING - PART 1
It encompasses the processes of a...,
What is the title of the revised ...,
Which government body keeps the g...
18
cards
GOVERNMENT ACCOUNTING - PART 2
Which government office has the e...,
Which government office is respon...,
Which office functions under the ...
20
cards
IFRS 15: REVENUE FROM CONTRACTS WITH CUSTOMERS
Under ifrs 15 what is the recogni...,
According to ifrs 15 what is the ...,
Under pfrs 15 the good or service...
5
cards
LTCC
It is a contract specifically neg...,
Contract revenue in construction ...,
In selecting an accounting method...
9
cards
FRANCHISE
Under pfrs 15 how shall revenue f...,
The franchise revenue is satisfie...,
Which of the following indicator ...
5
cards
CONSIGNMENT SALES
The person who sends the goods to...,
A shipment of inventory by the ma...,
The person to whom goods are sent...
7
cards
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AFAR
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