searching for these objectives‚ it was stated that there was a superseding of the amendment. The addition stated “comparability and consistency in accounting for transferred financial assets will also be improved through clarifications of the requirements for isolation and limitations on portions of financial assets that are eligible for sale accounting.” In other words‚ financial statements will become more accurate and less fraudulently represented to users and the objective is not to double count
Premium Balance sheet Asset Generally Accepted Accounting Principles
individual differences in behavior. Multiple Choice | 1.00pts Your Score: Your Answer : neuroscience Correct Answer : neuroscience The Choices Were: neuroscience cognitive humanistic behavioral Psychologists who believe in _____ are most likely to attempt to understand diversity in ethnic background as an influence on behavior. Multiple Choice | 1.00pts Your Score: Your Answer : individual differences Correct Answer : individual differences The Choices Were: individual differences
Premium Psychology Sigmund Freud Carl Jung
Multiple Choice Quiz http://highered.mcgraw-hill.com/sites/0073381195/student_view0/chapte... Home > Chapter 5 > Multiple Choice Quiz Course-wide Content Interactive Exercises iGlobe Global Edge PowerPoint Presentations Multiple Choice Quiz (See related pages) Results Reporter Out of 5 questions‚ you answered 3 correctly with a final grade of 60% 3 correct (60%) 2 incorrect (40%) 0 unanswered (0%) Quizzes Multiple Choice Quiz True or False Your Results: The correct answer
Free Soviet Union Russia Higher education
low inflation and low trade deficits. Answer: B Diff: 1 Topic: Section: 1.1 Question Status: Previous Edition 2) The main reason that the United States has such a high standard of living is A) low unemployment. B) high average labor productivity. C) low inflation. D) high government budget deficits. Answer: B Diff: 1 Topic: Section: 1.1 Question Status: Previous Edition 3) Average labor productivity is the A) amount of workers per machine. B) amount of machines per worker
Free Economics Macroeconomics Inflation
DEPARTMENT OF HUMAN RESOURCE MANAGEMENT ANDHRA UNIVERSITY II-Mid Semester Examination October‚ 2010 Industrial and Managerial Economics Time: ½ hour Marks : 15 Answer all Questions 1. Among the following factors‚ what are the factors that determine the optimum size of the firm A (i) Technical forces. B (ii) Managerial factor. C (iii) Financial factor. D (IV) Marketing factor. (v) Factor
Premium Supply and demand Economics Economy
Accounting policies are specific accounting bases selected and consistently followed by a business.Allowing businesses to make choices on the use of accounting policies may lead to withholding information from the accounts to ensure that the figures appeal to stakeholders. This can be perceived as a potential weakness of accounting policy choices as businesses may have to cease all trading activities and employees will lose their jobs so this can affect stakeholders. Accounting policy choices
Premium Decision theory Asset Investment
Syllabus for Accounting 3431.04 Intermediate Accounting I Spring Semester 2014 Instructor Professor Ke-an Wu Office: Suite 3-237‚ Room 9‚ Bayou Building Phone number: 281-283-3108 Email: Wukean@uhcl.edu Office hours: Wed. 3:00 to 5:00 P.M. and Thu. 2:30 to 3:30 P.M.; and by appointment Accounting Secretary Ms. Nancy Newton Office: Suite 3-237‚ Bayou Building Phone Number: 281-283-3155 Course Materials Required: Stice‚ E. and J. Stice‚ Intermediate Accounting‚ 19th edition
Premium Business Finance Management
HW 10% MT 45% Final 45% HW is submitted electronically on the following Tuesday Financial accounting: (1) Investor—outside the company (2) Creditor—outside the company (3) Management—inside the company Different points of view (1)-–whether the investment is worthwhile (2)—whether they can get the money back (3)—prepare the financial statement and would not want to share every information with investors/creditors; but investors and creditors want to know the truth—accurate financial data
Premium Balance sheet Income statement Generally Accepted Accounting Principles
of financial reporting. Qualitative characteristics of accounting. Elements of financial statements. Basic assumptions. Basic principles: a. Measurement. b. Revenue recognition. c. Expense recognition. d. Full disclosure. Accounting principles– comprehensive. Constraints. Assumptions‚ principles‚ and constraints. 28‚ 29‚ 30 10 11 Questions 1‚ 7 2 3‚ 4‚ 5‚ 6‚ 8 9‚ 10‚ 11 12‚ 13‚ 14 15‚ 16‚ 17‚ 18 19‚ 20‚ 21‚ 22‚ 23 24 25‚ 26‚ 27 1‚ 2‚ 3‚ 4 6‚ 11‚ 13 5‚ 7 8‚ 9‚ 12 8 8‚ 12‚ 8‚ 12 1‚ 2 2‚ 3‚ 4 5 6‚ 7 6
Premium Balance sheet Income statement Generally Accepted Accounting Principles
BRIEF EXERCISE 4-1 STARR CO. | Income Statement | For the Year 2012 | Revenues | | | Sales revenue | | $540‚000 | | | | Expenses | | | Cost of goods sold | | $330‚000 | Salaries and wages expense | | 120‚000 | Other operating expenses | | 10‚000 | Income tax expense | | 25‚000 | Total expenses | | 485‚000 | | | | Net income | | $55‚000 | | | | Earnings per share | |
Premium Revenue Income statement Income