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

Decks in this class (21)

FAR 6
Only a legal _________ results fr...,
In a _________ one preexisting en...,
In an __________ one preexisting ...
10  cards
FAR 7
Combined statements may be used t...,
Combined statements may be used t...,
When derivatives are used for ___...
10  cards
FAR 8
At year end the firm estimates th...,
During the current year comma co ...,
The effect of the stock split is ...
13  cards
FAR 9
In general an enterprise preparin...,
Apb opinion no 28 interim financi...,
Unless temporary declines in the ...
12  cards
Review Questions
The simplified hedge accounting a...,
Gaffney uses ifrs to prepare its ...,
The purchase for cash of treasury...
6  cards
FAR 1A
The operating procedure for issui...,
The fasb has maintained that,
Is collection on a note receivabl...
12  cards
FAR 1B
According to the conceptual frame...,
What is the conceptual framework ...,
The appropriate basis for determi...
12  cards
FAR 1C
A company that is a large acceler...,
A company is an accelerated filer...,
Discontinued operations is not a ...
12  cards
FAR 1D
The primary purpose of a statemen...,
An example of supplemental inform...,
What are some examples of cash in...
13  cards
FAR 2A
The concept of other comprehensiv...,
When the cash basis or the modifi...,
The pcc private company council a...
13  cards
FAR 2B
What would not appear on the inco...,
Ifrs requires a classified statem...,
The following information pertain...
13  cards
FAR 2C
Two fundamental qualitative chara...,
Remember that the iasb has no,
The following are held by smite c...
13  cards
FAR 2D
A company decided to change its i...,
Estimates of price level changes ...,
The retail inventory method includes
11  cards
FAR 3A
Which of the following is a requi...,
The gain or loss on the__________...,
If neither debt issuances were id...
14  cards
FAR 3B
Both transfers from held to matur...,
A marketable equity security is t...,
Redeemable preferred stock is not...
14  cards
FAR 4A
A company issued a short term not...,
Serial bonds mature at _______ ra...,
Debenture bonds are __________ bu...
12  cards
FAR 4B
A debtor and a creditor have nego...,
When collectability is reasonably...,
There is no gain on the reissue of
12  cards
FAR 5A
Barrett co maintains a defined be...,
What is the present value of all ...,
A defined benefit plan s projecte...
10  cards
FAR 5B
Under the fair value method of ac...,
The fair value on the ________ da...,
In a stock option plan the estima...
9  cards
FAR 10A
Nongovernmental not for profit or...,
The four broad categories of not ...,
How should a nongovernmental not ...
13  cards
FAR 10B
When the budgetary accounts are c...,
For state and local governmental ...,
Encumbrances outstanding at year ...
13  cards

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FAR MAY2015

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