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shreya Khatri
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Decks in this class (17)
CH1: CH 1: Financial Statements and Business Decisions
Sole stockholders,
2 sources of fnan resources,
Creditors ex and what they hope for
36
cards
CH 2: Auditing and other Assurance Services (new)
What 2 services do cpas provide,
Consulting service is an example of,
What is an assurance service defi...
88
cards
CH 3: Introduction to Tax
Who care about taxes,
Why do businessess care abt taxes,
Why do politicians care abt taxes
58
cards
CH 1: connect
A system that collects and proces...,
Information that helps evaluate t...,
An unincorporated business owned ...
54
cards
ch 2: connect
Generally accepted auditing stand...,
Peer review,
Reasonable assurance they follow ...
88
cards
ch 3 connect
Taxes are voluntary payments paid...,
Jerry recently paid 20 in tolls f...,
The federal income tax is an exam...
30
cards
Ch 4 :Managerial Accounting and Cost Concepts
Financial accounting rules,
Purpose of managerial acting,
Managerial
41
cards
Ch 4: connect
Three activities vital to the rol...,
The basic questions asked during ...,
An internal control that deters t...
33
cards
CH 5:Master Budgeting
Budget,
Period of a budget,
Perpetual budget
27
cards
ch 5 connect
A budget that is prepared with th...,
When a manager creates a budget t...,
The annual master budget file inc...
19
cards
neeed to know ch 5
First line direct mats,
Direct labor budget first line,
First lines manufacturing overhead
16
cards
CH 6: Investing and Financing Decisions
What are the 3 balance sheet assu...,
Separate entity assumption,
Going concern assumption
36
cards
Ch 6: connect
Financing provided by owners is r...,
True or false an external event i...,
A ___________transaction is an ev...
11
cards
CH 7: 7 Operating Decisions
Ex,
Operating cycle,
Is accruel basis required by gaap
27
cards
Ch 7: connect
What is the first step to follow ...,
2nd step of 5 step revenue recogn...,
3rd step
7
cards
CH 8: Adjustments, Financial Statements, and the Closing Process
During the accounting period,
At the end of the accounting period,
Unearned revenue
21
cards
mod 10
How to find good avail,
2
cards
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