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Tara Tran
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Decks in this class (18)
Ch 2 Accounting Information System
Accounting information system,
General ledger accounting systems,
Entry level programs
41
cards
Ch 1 The Environment and Conceptual Framework of Financial Reporting
Decision usefulness,
Financial statements,
Financial reporting
52
cards
Ch 3 Income Statement, Related Information, and Revenue Recognition
Income statement,
Transaction approach,
Multi step income statement
32
cards
Exam 1 Kahoot Review
General purpose financial stateme...,
Which communication below is reco...,
Which of the following does not h...
40
cards
Ch 4 Balance Sheet and Statement of Cash Flows
The specific principles bases con...,
Measures liquidity of receivables...,
The aggregate amount of the other...
58
cards
Ch 5 Accounting and the Time Value of Money
An ________ requires the followin...,
Rent occurs at the beginning of e...,
The return on or growth of the pr...
30
cards
Ch 6 Cash and Receivables
The most liquid of assets is the ...,
Short term highly liquid investme...,
Held by a company for a specific ...
30
cards
Ch 7 Valuation of Inventories: A Cost-Basis Approach
A cost flow assumption that track...,
Products that are delivered by a ...,
The sum of 1 the cost of goods on...
31
cards
Exam 2: Ch 4 Balance Sheet Review
Capital stock,
Intangible assets,
Current liability
35
cards
Exam 2: Ch 4 Statement of Cash Flows Review
Financing activity,
Investing activity,
Financing activity
13
cards
Exam 2: Ch 6 Cash and Receivables Review
Cash,
Cash equivalent,
Current asset
14
cards
Ch 8 Inventories: Additional Valuation Issues
Represents the average number of ...,
An approach that uses only a cost...,
Debits cogs for the write down of...
24
cards
Ch 9 Acquisition and Disposition of Property, Plant, and Equipment
A periodic expense recognized whe...,
Increase or extension of existing...,
Remediation costs would include c...
26
cards
Ch 10 Depreciation, Impairments, and Depletion
Because these methods allow for h...,
Also called the variable charge o...,
Cost allocation of intangible ass...
27
cards
Ch 9 Acquisition Costs of Realty
Money borrowed to pay building co...,
Payment for construction form not...,
Cost of land fill and clearing
16
cards
Ch 9 Indicate which of the following should be expensed when incurred
13 000 paid to rearrange and rein...,
200 000 paid for addition to buil...,
200 paid for tune up and oil chan...
13
cards
Ch 11 Intangible Assets
The purchaser in a business combi...,
Transaction in which the purchase...,
A federally granted right that al...
20
cards
Final Exam Review
The depreciation charged by this ...,
These methods are used for deprec...,
These methods allocated larger sh...
52
cards
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Intermediate Acct 1
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