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Tyler moss
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Decks in this class (31)
F1 - Accounting Standards and Conceptual Frameworks
According to the fasb and the ias...,
Characteristics of faithful repre...,
Characteristics of relevance
12
cards
F1 - Income Statement
How should the effect of a change...,
The cumulative effect of a change...,
Changes in estimates affect only
3
cards
F1 - Comprehensive Income
Comprehensive income includes all...,
Accumulated other comprehensive i...,
Components of other comprehensive...
5
cards
F2 - Matching Revenues and Expenses
Amortization of capitalized softw...,
Under us gaap the research and de...,
Royalties paid should be reported...
26
cards
F2 - Long-term construction contracts
Under the completed contract meth...,
Percentage of completion formula,
Under percentage of completion me...
6
cards
F2 - Accounting for Installment Sales.
Gross profit formula,
Gross profit percentage,
Earned gross profit
6
cards
F2 - Accounting for Non-monetary exchanges
If projected cash flows after the...,
If the exchange lacks commercial ...,
If the exchange lacks commercial ...
6
cards
F2 - Financial Reporting and Changing Prices
Financial statements prepared und...,
The actual exchange value in the ...,
The cost that would have been inc...
9
cards
F2 - Foreign Currency Accounting, and Other Financial Statement Presentations
The foreign subsidiary s function...,
On a personal statement of financ...,
On personal financial statements ...
4
cards
F8 - Governmental Accounting - Overview
What may lead to the use of fund ...,
Separate fund financial statement...,
Which fund uses the current finan...
12
cards
F8 - Modified Accrual Accounting
Derived non exchange tax revenues...,
Imposed non exchange revenues inc...,
Measurable is defined as ________...
15
cards
F8 - Governmental - Deferred Outflows and Inflows of Resources
Format for presentation of the st...,
Assets associated with unavailabl...,
Format for presentation of the st...
5
cards
F8 - Governmental Funds
Receipts from a special tax levy ...,
Capital assets donated to a gover...,
The debt service fund services
5
cards
F8 - Proprietary Funds
For purposes of government wide f...,
Interest expense associated with ...,
The term used to identify the equ...
11
cards
F9 - Governmental Accounting (Part B)
The reconciliation of the change ...,
The focus of government wide fina...,
A comprehensive annual financial ...
12
cards
F9 - Not-for-Profit Organizations
Cash contributions and unconditio...,
Not for profit corporations are r...,
Restricted donations are released...
8
cards
F8, F9 MCQs
A 10 000 000 budgeted excess of r...,
__________ funds account for asse...
2
cards
F3 - Marketable Securities and Business Combinations
Once a cost method investor becom...,
Under the cost method receipt of ...,
Under the equity method receipt o...
4
cards
F3 - Acquisition Method
Fees of finders and consultants are,
Registration fees for equity secu...,
When a subsidiary is acquired wit...
17
cards
F3 - Intercompany Transactions
When a company owns less than 50 ...,
Unrealized profit to be eliminate...,
What are the effects of when a pa...
5
cards
F4 - Working Capital
Factoring receivables without rec...,
Which method of recording uncolle...,
Adjusted cash balance
5
cards
F4 - Inventories
Under us gaap during periods of i...,
Under gaap market value is,
Replacement cost is
10
cards
F4 - Fixed Assets
Total interest incurred equals,
Capitalized interest equals,
Land costs include
6
cards
F1-4, 8-9 MCQs
In order to conform with gaap fin...,
Deferred gross profit,
For nonmonetary exchanges that co...
4
cards
F4 - Depreciation and Depletion
Ifrs requires component depreciat...,
When a permanent impairment occurs
2
cards
F4 - Fixed Asset Impairment
Impairment loss calculation,
Under ifrs impairment exists when,
Under us gaap long lived assets t...
3
cards
F4 - Accounting for Leases
Recognition of a gain resulting f...,
When should a lessor recognize in...,
The us gaap lease term criterion ...
16
cards
F5 -LT Liabilities and Bonds Payable
To determine the market price of ...,
Bond issuance total,
Exam trick for long term liabilit...
10
cards
F7 - Stockholders' Equity
When treasury stock transactions ...,
When a company declares a cash di...,
If a corporation sells some of it...
7
cards
F6 - Income Taxes
If a company reports deferred tax...
1
cards
F6 - Pensions
Under us gaap the service cost co...,
Under us gaap what is the present...,
Net periodic pension cost
10
cards
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CPA EXAM - FAR
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