This class was created by Brainscape user James Moore.

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Decks in this class (15)

Topic 4 - Verification Of Accounting Records
What are the cropoc errors 1,
What are the tapu errors 2,
What is an error of commission 3
59  cards
Topic 8 - Analysis and evaluation of financial information
What is the gross profit margin e...,
What is the gross profit markup e...,
What is the profit in relation to...
27  cards
Topic 3 - The double entry model
What is an asset 1,
Give some examples of an asset 2,
What is a liability 3
88  cards
Topic 2 - Types of business organisation
What are the different sources of...,
What are the advantages of owners...,
What are the disadvantages of own...
37  cards
Topic 10 & 12 Marginal costing & Absorption and activity based costing
What is the format of marginal co...,
What is the formula for selling p...,
What is the format of absorption ...
58  cards
Topic 1 - an introduction to the role of the accountant in business
What is the responsibility of an ...,
What does an accountant do 2,
What is management accounting 3
8  cards
Topic 5 - Accounting concepts used in the preparation of accounting records
What are the accounting concepts 1,
What is the money measurement con...,
What is the duality concept its i...
11  cards
Topic 6 - Preparation of financial statements of sole traders
How do you work out inventory val...,
What is sale or return basis 2,
How do you input goods for own us...
4  cards
Topic 7 - Limited company accounts
What is the format of an income s...,
What are directors remunerations 2,
What are finance costs 3
15  cards
Topic 9 - Budgeting
How to calculate budgeted revenue 1,
How to calculate budgeted purchas...,
How to calculate budgeted carriag...
15  cards
Topic 11 - standard costing & variance analysis
What is standard costing 1,
What are the advantages of standa...,
What are the disadvantages of sta...
19  cards
Topic 15 - partrnership accounts
What is the purpose of the approp...,
What does the partnership act 189...,
What is a deed of partnership 3
14  cards
Topic 13 - capital investment appraisal
What is investment appraisal 1,
What is the format of net cash fl...,
What does payback mean 3
14  cards
Topic 14 - Incomplete records
What does a statement of affairs ...,
What is the format of a statement...,
How do you calculate profit using...
11  cards
Topic 16 - limited company accounts
What are the benefits of statemen...,
What are the limitations of state...,
What is the acronym for statement...
8  cards

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ACCOUNTING

  • Class purpose General learning

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