Ninja Test Bank

This class was created by Brainscape user James Boyd.

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Decks in this class (18)

Personal Financial Statements
What is the current value of an i...,
What are the financial statements...,
What section of fasb is personal ...
3  cards
Segment Reporting
A reportable operating segment is...,
What are items that is required t...,
What fasb section covers segment ...
9  cards
Interim Reporting
How to calculate interim income t...,
Temporary market declines expecte...,
For interim financial reporting a...
7  cards
Accounting Changes
Under us gaap an exception is all...,
Which of the following statements...,
The cumulative effect of a change...
6  cards
Receivables
What does it mean when a note ar ...,
A note receivable sold to a bank ...
2  cards
Asset Retirement
What is the journal entry to reco...,
What are the reasonable estimate ...,
How to calculate asset retirement...
6  cards
Exit or Disposal Fees and Discontinued Operations
When and how should one time term...,
Where is discontinued operations ...,
When is discontinued operations d...
5  cards
Impairment
What are the different ways that ...,
Where are impairment losses shown...,
What determines impairment 3
15  cards
Going Concern
What are some examples of managem...,
If conditions or events raise sub...,
What is the going concern assumpt...
6  cards
Transfers and Servicing of Financial Assets and Derecognition
A transfer of financial assets th...,
What are the two methods to measu...,
When a transfer of financial asse...
6  cards
Subsequent Events
What are examples of non recogniz...,
What are some examples of situati...,
What are subsequent events 3
4  cards
Software Costs
Annual amortization of software c...,
What costs are expensed 2,
What costs are capitalized 3
11  cards
Risks and Uncertainties
When must disclosures of signific...,
What is off balance sheet risks 2,
Vulnerability to concentrations r...
6  cards
Research and Development Costs
What is not included in r d costs 1,
What are the 5 categories of r d 2,
What are some examples included i...
7  cards
Distinguishing Liabilities from Equity
Which of the following financial ...,
A mandatorily redeemable financia...,
An entity must classify as a liab...
5  cards
Non Monetary Transactions
Nonmonetary exchanges are general...,
What determines commercial substa...,
After a transaction of similar as...
5  cards
Related Party Transactions
Notes or accounts receivable from...,
Fasb asc 850 10 50 1 requires the...
2  cards
Intangible Assets: Goodwill and others
0  cards

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Ninja Test Bank

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