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Elah Fame
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Decks in this class (17)
Liabilities
The most common type of liability...,
Which is not a characteristic of ...,
Classifying liabilities as either...
30
cards
Premium Liability
The cost of customer premium offe...,
The accounting concept that requi...,
Accounting for cost of incentive ...
10
cards
Warranty Liability
The accrual approach in accountin...,
Which of the following best descr...,
Which of the following best descr...
5
cards
Provision
Which is the correct definition o...,
A provision shall be recognized w...,
A legal obligation is an obligati...
35
cards
Investment Property
Which statement best describes in...,
Which of the following statements...,
Investment property includes all ...
10
cards
Property, Plant and Equipment
Which is not a characteristic of ...,
What valuation model should an en...,
The cost of property plant and eq...
15
cards
Government Grant
Government grant in recognition o...,
Government grant related to depre...,
A government grant that becomes r...
5
cards
Borrowing Costs
Borrowing costs can be capitalize...,
If the qualifying asset is financ...,
Which could be treated as qualify...
10
cards
Land and Building
When an entity acquired land with...,
If an entity purchased a lot and ...,
An entity purchased land to be us...
5
cards
Machinery
The term betterment meansa an exp...,
Which type of expenditure occurs ...,
An improvement made to a machine ...
10
cards
Depreciation
Depreciation is best described as...,
All of the following factors are ...,
Technical or commercial obsolesce...
20
cards
Depletion
The most common method of computi...,
Depletion expensea is usually par...,
Information needed to compute a d...
10
cards
Revaluation
What is the basis of revaluation ...,
When accounting for property plan...,
Under the revaluation modela asse...
5
cards
Impairment of Assets
Which statement best describes im...,
What is the recoverable amount of...,
What is the best evidence of fair...
10
cards
Intangible Assets
0
cards
Identifiable Intangible Assets
0
cards
Research and Development Cost
0
cards
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ACC 211
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