Entries by Grace Wahito

Are there any potential operating, investing, and/or financing items that are not necessarily presented in the statement of cash flows that could affect an analysis?

Are there any potential operating, investing, and/or financing items that are not necessarily presented in the statement of cash flows that could affect an analysis?  2. What are the statement of cash and flows? What do business use them for?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code […]

 

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1. (TCO 7) At the end of the fiscal year, an adjusting entry is made that increases salaries payable and salaries expense.

Question 1. 1. (TCO 7) At the end of the fiscal year, an adjusting entry is made that increases salaries payable and salaries expense. This entry is an application of which accounting principle? (Points : 5)        Full disclosure        Materiality        Matching        Realization Question 2. 2. (TCO 7) The assumption that deals with when to recognize costs associated with the […]

 

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4. (TCO 7) Which of the following can offer a type of comparison in financial statement analysis? (Points : 5)

Question 4. 4. (TCO 7) Which of the following can offer a type of comparison in financial statement analysis? (Points : 5)        Past ratios and figures        Industry averages        Statistics of competitors        All of the above Question 5. 5. (TCO 7) A fiscal year is (Points : 5)        June to June reporting’s of each year.        a 12 month accounting period […]

 

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7. (TCO 1) Trend analysis studies are the (Points : 5)

7. (TCO 1) Trend analysis studies are the (Points : 5)        future forecasted results for a firm.        trends occurring in current year numbers.        financial history of a firm for comparison.        None of the above Question 8. 8. (TCO 7) Which of the following is not a type of audit opinion? (Points : 5)        Unqualified opinion        Qualified opinion        Adverse opinion […]

 

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