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Kia Rainey
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Decks in this class (21)
Chapter 1: Financial Accounting and Accounting Standards
Who are general purpose financial...,
What does the objective of financ...,
What did the 1933 securities act ...
19
cards
Chapter 2: Conceptual Framework for Financial Reporting
What are the three decisions acco...,
What is the authoritative status ...,
What is the cost constraint 3
14
cards
Chapter 3: The Accounting Information System
What is the accounting cycle 1,
What are economic events 2,
What is the accounting equation 3
10
cards
Chapter 4: The Income Statement and Related Information
What are the advantages of the in...,
What are the limitations of the i...,
How is the single step statement ...
13
cards
Chapter 5: Balance Sheet and Statement of Cash Flows
What are the advantages of the ba...,
What are the limitations of the b...,
What are the elements of the bala...
27
cards
Chapter 7: Cash and Receivables
When is ar recognized 1,
What is the initial valuation of ...,
What is the valuation at period e...
5
cards
Chapter 8: Valuation of Inventories: A Cost-Basis Approach
What is the periodic inventory sy...,
What is the perpetual inventory s...,
What are the journal entries for ...
26
cards
Chapter 9: Inventories: Additional Valuation Issues
What is conservatism 1,
What is lower of cost or market l...,
What is the decision tree for val...
23
cards
Chapter 11: Decision Making and Relevant Information
What are the 5 steps in decision ...,
What are the 2 characteristics of...,
What are the key features of rele...
20
cards
Chapter 12: Pricing Decisions and Cost Management
What is the main consideration wh...,
What are the 3 influences on supp...,
What are the 2 key factors affect...
23
cards
Chapter 10: Acquisition and Disposition of Property, Plant, and Equipment
What is property plant and equipm...,
How is ppe measured what is inclu...,
Why is the historical cost of val...
29
cards
Chapter 11: Depreciation, Impairments, and Depletion
Depreciation 1,
What are the factors involved in ...,
Activity method 3
19
cards
Chapter 12: Intangible Assets
Intangibles 1,
Amortization 2,
What costs are included in purcha...
24
cards
Chapter 17: Investments
Held to maturity debt securities 1,
Trading debt securities 2,
Available for sale debt securities 3
4
cards
Chapter 10: Acquisition and Disposition of Property, Plant, and Equipment (Abbreviated)
How do companies ordinarily accou...,
Commercial substance 2
2
cards
Chapter 9: Elements & Treatments in Retail Method
Element abnormal shortages spoila...,
Element employee discounts if sal...,
Element freight in shipping insur...
6
cards
Chapter 10: Costs Subsequent to Acquisition
When should you capitalize costs ...,
Type of expenditure addition 2,
Type of expenditure improvements ...
10
cards
Chapter 19: Accounting for Income Taxes
How do you determine the deferred...,
What is the difference between a ...,
What adjustments need to be made ...
4
cards
Chapter 20: Accounting for Pensions and Other Post-retirement Benefits
What are 3 types of pension plans 1,
What does overfunded or underfund...,
What are the components of pensio...
12
cards
Chapter 21: Accounting for Leases
How should the lesee in a finance...,
How should the lesee in a operati...,
How should the lessor in a sales ...
14
cards
Chapter 23: Statement of Cash Flows
0
cards
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Financial Accounting
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