FAR 2-28-24 12:22 AM 40% 6:18:26

This class was created by Brainscape user Hallie Hollenback. Visit their profile to learn more about the creator.

Decks in this class (30)

301004 Vulnerability to concentrations 2G
Fasb asc 275 10 addresses the dis...,
211720 vulnerability to concentra...,
A risk due to a lack of diversifi...
10  cards
300408 PREPAID ASSET 1A1
accrual journal entry
3  cards
302371 INTEREST & NP 2G
On september 30 oregano co borrow...,
On september 30 oregano co borrow...,
Interest
11  cards
300171 Deferred Income Taxes 3D
A company has a 22 investment in ...,
Asset liability method,
Deferred tax
7  cards
300071 ASSET LIABILITY METHOD 3D
The asset liability method of acc...,
Asset liability method,
Deferred tax
7  cards
300691 More Likely than Not Tax Position 3D
In assessing the more likely than...,
More likely than not,
Tax position
8  cards
300672 Income Tax Expense 3D
Zeff co prepared the following re...,
Income tax expense,
234101
5  cards
302412 Lease - Finance Lease 3F
Grant services leases a machine f...,
Criteria,
Finance lease
13  cards
301921 Finance Lease - 3F
At the commencement of a finance ...,
Fasb asc 842 10 30 5,
Commencement date
9  cards
300934 Leasehold Improvement 3F
On january 1 20x1 bay co acquired...,
236204,
Fasb asc 842 20 35 12
11  cards
301160 Fiduciary Fund 1C1
Which of the following funds woul...,
Gasb 1300102,
Governmental funds
9  cards
300455 Recognition 3C
At the beginning of the current y...,
Fasb asc 605 20 25 3 to 25 6,
Contract
8  cards
300496 S-T and L-T Obligations 2G
Fasb asc 470 10 45 14,
Verona co had 500 000 in short te...,
Fasb asc 470 10 45 5
12  cards
300600 General & Adm Expenses 2G
The following costs were incurred...,
Administrative cost,
Transportation in
9  cards
302433 Fiduciary Fund 1C1
Which of the following is not a f...,
Custodial funds,
Internal service funds
6  cards
302826 Liquidity Ratio 1F
The average collection period for...,
Activity ratio,
Leverage total
13  cards
300399 Cash Surrender Value 2G
T the time of death of an insured...,
Cash surrender value,
Premium
7  cards
300697 Effective tax rate 3D
Fern co has net income before tax...,
Tax rate,
234105
4  cards
301789 Consolidation 1A6
For purposes of consolidating fin...,
Consolidation,
Financial statements
6  cards
302898 Economic profits 1F
Accounting profits are recognized...,
Accounting profit,
Capital
8  cards
302211 Retrospective Approach 3A
Which of the following accounting...,
Change in accounting principle,
Retrospective application retrosp...
5  cards
300669 liability method 3D
Under current generally accepted ...,
234102,
Fasb asc 740 10 10 1
3  cards
301155 Fiduciary Funds 1C2
The fiduciary funds of a governme...,
Custodial funds,
Fund balance
18  cards
302079 NFP Donor Restrictions 1B1
In 20x4 raptor rehabilitation a n...,
Net assets with donor restrictions,
Net assets without donor restrict...
9  cards
300116 Direct Method St of Cash Flows 1A5
In its 20x1 income statement kilm...,
Accounts payable,
Direct method for statement of ca...
11  cards
300497 Current Assets and Liabilities 2G
On december 31 20x1 paxton co had...,
Current assets,
Refinanced
7  cards
301421 Computation of Issue Price of Bonds Payable 2H1
If a premium on a bonds payable t...,
Amortization,
Premium
9  cards
303023 Intangible Asset 2F
Amortization,
If the pattern in which the econo...,
Double declining balance
9  cards
302781 Avg Collection Period 1F
Accounts receivable turnover,
Average collection period
6  cards
302153 Partnership Accounts 2I
During 20x2 partners joth and lan...,
Capital,
Rules of distribution
5  cards

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FAR 2-28-24 12:22 AM 40% 6:18:26

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