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Decks in this class (21)
Ch 1, 2 & 4 - Introduction and Institutional Background
Is managerial accounting informat...,
In germany are financial accounti...,
Does financial accounting provide...
7
cards
Ch 5 Conceptual Framework
True or false the overarching obj...,
To be decision useful information...,
True or false decision usefulness...
47
cards
Ch6 US GAAP Accounting
True or false financial reporting...,
True or false during the early 19...,
True or false following financial...
9
cards
Ch7 - Revenue Recognition
Which statement about ifrs 15 is ...,
12 which is the main consideratio...,
Multiple choice 1of 4 3
18
cards
Ch8 - PPE
Are the following part of an item...,
Are the following part of an item...,
Are the following part of an item...
14
cards
Ch9 - Intangible Assets
True or false an intangible asset...,
True or false an intangible asset...,
True or false research costs cann...
6
cards
Ch. 2 - invented questions
What is accounting a the process ...,
Main function of financial accoun...,
What are the major determinants o...
6
cards
Ch. 3 - Invented questions
What is the accounting equation 1,
What does the double entry system...,
What are financial statements 3
5
cards
Ch. 3 - quiz
Accounts receivable are an asset ...,
Throughout the reporting period e...,
From the fundamental accounting e...
13
cards
Ch. 5 - quiz
The overarching objective of ifrs...,
To be decision useful information...,
Decision usefulness can only be d...
30
cards
Ch. 1,2 & 4 - quiz
Managerial accounting information...,
In germany traditionally financia...,
Financial accounting provides bud...
20
cards
Ch. 6 - quiz
Financial reporting and disclosur...,
During the early 1900s frequent b...,
The 1933 securities act and 1934 ...
7
cards
Ch 7 - quiz
Revenue is generally recognized w...,
In determining the transaction pr...,
A performance obligation includes...
8
cards
Ch. 8 - quiz
Is the following part of an item ...,
Is the following part of an item ...,
Is the following part of an item ...
13
cards
Ch. 9 - quiz
An intangible asset is an identif...,
Research costs cannot be capitali...,
If the separation of research and...
22
cards
Ch. 10 - quiz
According to ias 2 subsequent to ...,
Ias 2 allows the use of cost form...,
With rising prices inflation the ...
11
cards
Ch. 11- quiz
Indicators of impairment include ...,
The recoverable amount is the min...,
If the recoverable amount is high...
17
cards
Ch. 12 - quiz
The amount of an obligation must ...,
A company has to recognise a prov...,
The best estimate of the expendit...
17
cards
Mock Exam (original)
In germany is the application of ...,
The objective of general purpose ...,
Are relevance and verifiability f...
28
cards
Mock Exam 2 (chatGPT)
A company purchases equipment for...,
A company develops a new software...,
A company discovers that its inve...
27
cards
Mock Exam 3 (focus on book entries)
A company purchases equipment for...,
The company pays its employees 60...,
A company sells equipment for 30 ...
6
cards
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International Accounting
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