We've found 39 Generally Accepted Accounting Principles tests

Accounting Finance Financial Accounting Generally Accepted Accounting Principles
Managerial Accounting Exam #2 Test Questions – Flashcards 77 terms
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Christine Brunetti
77 terms
Accounting Finance Financial Accounting Generally Accepted Accounting Principles Intermediate Accounting 1
Chapter 1 Accounting multiple choice – Flashcards 70 terms
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Daniel Jimmerson
70 terms
Accounting Accounting 1 Cash And Cash Equivalents Finance Financial Accounting Generally Accepted Accounting Principles Intermediate Accounting 1
Chapter 1 – A Framework for Financial Accounting – Flashcards 18 terms
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Robert Carter
18 terms
Accounting Finance Generally Accepted Accounting Principles International Organizations Mergers And Acquisitions
Chapter 1: Financial Accounting and Accounting Standards – Flashcards 37 terms
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Henry Lowe
37 terms
Basic Accounting Equation Finance Generally Accepted Accounting Principles
Accounting Principles 12th Ed. – Ch. 1 – Flashcards 104 terms
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Sarah Taylor
104 terms
Accounting Enterprise Resource Planning System Finance Generally Accepted Accounting Principles Intermediate Accounting 1 Management Accounting Information Predictions About The Future Product Life Cycles Strategic And Tactical
Examen 1 de Cost Accounting – Flashcards 88 terms
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Candace Young
88 terms
Accounting Finance Financial Accounting Generally Accepted Accounting Principles Intermediate Accounting 1
Financial Accounting Chapter 1 study guide Part I – Flashcards 71 terms
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Suzette Hendon
71 terms
Accounting Finance Financial Accounting Financial Accounting Standards Board Generally Accepted Accounting Principles Intermediate Accounting 1
Acct Chapter 1 Questions And Answers – Flashcards 20 terms
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Misty Porter
20 terms
Accounting Finance Financial Accounting Financial Accounting Standards Board Generally Accepted Accounting Principles Post Closing Trial Balance Public Company Accounting Oversight Board
Test Answers on financial accounting Chapter 1 – Flashcards 90 terms
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Carol Rushing
90 terms
Accounting Finance Generally Accepted Accounting Principles
ACC 305 Ch 1 – Flashcards 34 terms
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Paula Corcoran
34 terms
Accounting Conceptual Framework Conceptual Framework For Financial Reporting Finance Generally Accepted Accounting Principles
ACG3131 Ch 2 – Flashcards 70 terms
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Sonia Kelly
70 terms
Accounting Finance Financial Accounting Financial Accounting Standards Board Generally Accepted Accounting Principles Income From Operations Lower The Risk
Intermediate Accounting- Chaps 1-4 – Flashcards 259 terms
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Matthew Carle
259 terms
Accounting Cost Accounting Finance Financial Accounting Generally Accepted Accounting Principles Intermediate Accounting 1 Sarbanes Oxley Act
ACCT 241 ch.1 – Flashcards 63 terms
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James Storer
63 terms
Accounting Break Even Point In Units Finance Financial Accounting Financial Accounting Standards Board Generally Accepted Accounting Principles Long Term Investments
Account test 4 – Flashcards 112 terms
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Ruth Jones
112 terms
Chief Operating Officer Defects Per Million Financial Statement Audit Generally Accepted Accounting Principles Management
Managerial Accounting Exam #1- Pannell – Flashcards 105 terms
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Ruth Jones
105 terms
Cost Accounting Finance Generally Accepted Accounting Principles Intermediate Accounting 1
Flashcards About Managerial Cost Concepts Chapter 1 59 terms
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August Dunbar
59 terms
Accounting Generally Accepted Accounting Principles Intermediate Accounting 1 Job Order Costing Management Accounting Information
Managerial Accounting Exams – Flashcards 21 terms
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Thomas Alday
21 terms
Accounting Financial Accounting Generally Accepted Accounting Principles Management Accounting Information Managerial Accounting
Managerial Accounting Exam 1 Answers – Flashcards 63 terms
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Dennis Jennings
63 terms
Accounting Certified Public Accountant Double Entry Bookkeeping Finance Generally Accepted Accounting Principles
Managerial Accounting Exam 1 Ch. 1-3 – Flashcards 71 terms
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Patricia Smith
71 terms
Accounting Business External Users Of Accounting Information Finance Generally Accepted Accounting Principles Intermediate Accounting 1 Managerial Accounting
FAU ACER 1.1 – Flashcards 18 terms
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Jose Escobar
18 terms
Accounting Accounting 1 Finance Financial Accounting Generally Accepted Accounting Principles Sarbanes Oxley Act
Introduction to College Accounting Chapter #1 (21st edition Heintz | Parry) 54 terms
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Darren Farr
54 terms
Accounting Accounting 1 Basic Financial Statements Ending Cash Balance Finance Financial Accounting Generally Accepted Accounting Principles
accounting chapter 2 practice test – Flashcards 43 terms
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Evie Nicholson
43 terms
The rule setting body, which authorizes generally accepted accounting principles is _______.
*Federal Accounting Standards Board (FASB)* (Ch.3; pg. 60)
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Just for good measure, what’s the definition of GAAP (Generally Accepted Accounting Principles)
Rules that govern how transactions are valued, recorded, and how financial information is presented
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Managerial accounting information is limited or restricted by which of the following authorities or principles? A. Securities and Exchange Commission B. Generally Accepted Accounting Principles C. Managerial Accounting Standards Board D. Value-Added Principle
C. Managerial Accounting Standards Board
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A responsibility report should A. only show variable costs. B. be prepared in accordance with generally accepted accounting principles. C. show only those costs that a manager can control. D. only be prepared at the highest level of managerial responsibility.
C. show only those costs that a manager can control.
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Which organization has primary responsibility for developing United States’ generally accepted accounting principles? a. American Institute of Certified Public Accountants b. financial accounting standards board c. securities and exchange commission d. internal revenue service
b. financial accounting standards board
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Which one of these sets forth the common set of standards and procedures by which audited financial statements are prepared? The Matching Principle. The Cash Flow Identity. Generally Accepted Accounting Principles. Financial Accounting Reporting Principles. Standard Accounting Value Guidelines.
Generally Accepted Accounting Principles.
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The auditor’s judgment concerning the overall fairness of the presentation of financial position, results of operations, and cash flows is applied wishing the framework of A. Quality control B. Generally accepted auditing standards, which include the concept of materiality C. The auditor’s assessment of the risk of material misstatement D. Generally accepted accounting principles
D. Generally accepted accounting principles
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A responsibility report should Entry field with correct answer only be prepared at the highest level of managerial responsibility. show only those costs that a manager can control. be prepared in accordance with generally accepted accounting principles. only show variable costs.
show only those costs that a manager can control.
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Which of the following is true regarding managerial accounting? a. Its primary focus is on providing information to external users. b. It must be prepared according to generally accepted accounting principles. c. It is less flexible than financial accounting. d. It often emphasizes segments rather than the organization as a whole.
d. It often emphasizes segments rather than the organization as a whole.
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Which of the following statements about the accrual basis of accounting is false? (a) Events that change a company’s financial statements are recorded in the periods in which the events occur. (b) Revenue is recognized in the period in which services are performed. (c) This basis is in accord with generally accepted accounting principles. (d) Revenue is recorded only when cash is received, and expense is recorded only when cash is paid.
(d) Revenue is recorded only when cash is received, and expense is recorded only when cash is paid.
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