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Decks in this class (70)

Day 1
Hey,
A transaction of foreign currency...,
Formula earnings per share
4  cards
Day 2 - Stockholders Equity
Under the legal par method what a...,
What are the two methods for acco...,
Abc declared a property dividend ...
7  cards
Day 3 - Cumulative Exam
What pension adjustments are repo...,
Abc received a donation of 2 000 ...,
What are required disclosures for...
10  cards
Day 4 - F2
Hey,
Concert cash to accrual,
Define matching principal
5  cards
Day 5 - F1 & F2
The amortization of actuarial pen...,
Equation book value per common share,
Fs of all prior periods presented...
3  cards
Day 6
Hey
1  cards
Day 7
At what rate is a patent amortized,
What is true pertaining to dollar...,
The replacement cost of an invent...
3  cards
Day 8
How do you calculate half year co...,
How is double declining depreciat...,
Assets held for sale are no longe...
6  cards
Day 9
Costs associated with exit and di...,
At what amount should the asset r...,
The decommissioning liability was...
6  cards
Day 10
For a contingent liability if all...,
A contingent liability reasonably...,
What is an effective method for d...
5  cards
Day 11 - NFP
Not for profit corporations fs,
Fasb asc 958 focuses on,
The primary purpose and focus of ...
14  cards
Day 12
Hey,
How does a stock dividend of 10k ...,
Under lower of cost or market whe...
11  cards
Day 13 - LT Liabilities/Troubled Debt
How are non interest bearing note...,
Abc issued a note payable for 10k...,
Steps to record imputing interest...
10  cards
Day 14
In case of an error where an oper...,
Abc estimated its two year equipm...,
Shipping costs incurred by a cosi...
6  cards
Day 15
Hey,
On 11 30 23 abc plans to close on...,
Abc owns 75 of xyz xyz had net in...
20  cards
Day 16
I m a nfp how are endowment funds...,
When are cash contributions and u...,
How should unconditional pledges ...
11  cards
Day 17
Abc has 20k of 5 9 preferred stoc...,
Treasury stock is considered reis...,
Abc had a credit balance of 12k i...
16  cards
Day 18
Hey,
Abc issued 500 000 of common stoc...,
When can a company capitalize int...
8  cards
Day 19
Hey,
How is 150 declining balance depr...,
Nyc received a gift the principal...
4  cards
Day 20
When are gain contingencies reported,
How are intercompany receivables ...,
The cumulative effect of a change...
9  cards
Day 21
What is the difference between si...,
When bonds are issued between int...,
How does a 5 stock dividend affec...
8  cards
Day 22
Abc has 3 years of net profit and...,
Psu received notice that a recent...,
Why is deferred revenue not inclu...
11  cards
Day 23
In form 10 q what is the focus of...,
When correcting an error in the c...,
What should be included in the su...
11  cards
Day 24
Hey,
Abc purchased a 3 month treasury ...,
Abc pays salespeople a fixed sala...
20  cards
Day 25
Hey,
Cash provided from operating acti...,
How are deferred tax assets and l...
22  cards
Day 26 - Test Day
What is the gain or loss recorded...,
Reclassification adjustments must...,
3  cards
Day 27 - Day After
Marble foundation a nfp is financ...,
Pville hospital normal includes p...,
What is the characterization of t...
4  cards
Day 28
How is donated services recorded ...,
An adjustment for a py amortizati...,
Market ceiling net realizable value
4  cards
Day 29
Abc purchased 1k of xyz shares fo...,
Net realizable value,
Officers compensation expense inc...
7  cards
Day 30
How is revenue from charity care ...,
What is form 6 k,
Cash to accrual steps
9  cards
Day 31
What tax rate is used to determin...,
Equation for determining income t...,
What is the current portion of pr...
6  cards
Day 32
What is the sinking funds cash,
Farmer tyler is selling corn in 4...,
An item included in the calculati...
4  cards
Day 33
Discontinued operations is report...,
A publicly traded company s 2nd f...,
Rule anti dilution
7  cards
Day 34 - 80%
Rule capitalized equipment should...,
On december 31 special insurance ...,
Heiarchy of asset and liability v...
6  cards
Day 35 - 76%
When totaling cl how is discount ...,
Liquidating a solvent partnership...,
Price index
7  cards
Day 36 - 76%
When is revenue recognized for ag...,
Deposits received from customers ...,
What does an unrealized loss of 2...
6  cards
Day 37 - 76%
On the disposal of a business seg...,
Are unrealized losses on trading ...,
Composite life equals
7  cards
Day 38 - 73% FAIL
Partners capital account equals,
A 5 year 1 000 000 bond is issued...,
The company s average markup is 2...
7  cards
Day 39 - 43% (DNF) FAIL
How much probable los should be a...,
Purchase and sale of pp e is what...,
A lessee signs a five year lease ...
8  cards
Day 40 - 37% (DNF) FAIL
Define dta dtl,
Abc reported a dta in year 1 what...,
Abc purchased a new building for ...
10  cards
Day 41 - 67% FAIL
Calculate rental revenue under ac...,
What is true about valuation allo...,
Abc changed from cash basis to ac...
8  cards
Day 42 - 63% FAIL
Where in the fs should a company ...,
How is a liquidating dividend acc...,
In calculating income tax provisi...
7  cards
Day 43 - 53% FAIL
How is gain calculated from an in...,
Are dividends paid on treasury stock,
When two or more stock purchases ...
7  cards
Day 44 - 67% FAIL
Double declining depreciation method,
Total debt ratio,
What interest rate should be used...
3  cards
Day 45 - 60% FAIL
The market price of a bond issued...,
In calculating income tax rent re...,
In an nol carryforward the tax be...
6  cards
Day 46 - 76%
What are the fs effects of a 190k...,
Fair value of assets and liabilit...,
Paying cash dividend is what type...
8  cards
Day 47 - 76%
A nfp received 1 500 for magazine...,
When calculating eps a 50 stock d...,
To the investor stock dividends a...
3  cards
Day 48 - 27% (DNF) FAIL
What is the first step in testing...,
In periods of rising prices and i...,
How are loan origination fees rec...
3  cards
Day 49 - 73% FAIL
On 12 31 insurance costs were inc...,
On 12 31 insurance costs were inc...,
Abc issued 500 000 common stock s...
5  cards
Day 50 - 60% FAIL
Fs of all prior periods should be...,
Lcm mcq 05116,
Vacation expense for employers is...
10  cards
Day 51 - 80%
When do you have to file the form...,
Owning 30 under the equity method...,
Under the acquisition method how ...
6  cards
Day 52 - 70% FAIL
Hey,
Nfp recognizes some contributed s...,
Gains and losses of treasury stoc...
4  cards
Day 53 - 76%
Debenture bonds are,
Under the allowance method what i...,
How is interest incurred to finan...
4  cards
Day 54 - 73% FAIL
Abc bought 100 tesla stocks for 1...,
What is the primary objective for...
2  cards
Day 55 - 80%
Interest paid on a discount bond ...,
A nfp should report a contributio...,
Read dta dtlmcq 08482
4  cards
Day 56 - 67% FAIL
Where should fair value foreign c...,
What type of accounting is used f...,
When collectivity is reasonably a...
8  cards
Day 57 - 63% FAIL
Is warehousing cost chargeable to...,
Under us gaap which inventory met...
2  cards
Day 58 - 70% FAIL
For a nfp how is restricted cash ...,
True or false stock dividends sho...,
What is the minimum operating cyc...
5  cards
Day 59 - 53% FAIL
All treasury stock transactions _...,
Book value per share is based on,
Abc owns tesla abc distributed a ...
4  cards
Day 60 - 83% - A
Abc issued rights to it s shareho...,
In a single step income stmt tota...,
Ending inventory is overstated by...
4  cards
Day 61 - 63% DNF - A
For interim fs what tax rate shou...,
Equation g l on bond retirement,
In periods of rising prices what ...
5  cards
Day 62 - 47% DNF - A
An entity that files with the sec...,
The carrying amount of the bond b...,
Dtl
6  cards
Day 63 - 34% DNF
No dta was recognized in year 1 t...,
Abc uses the allowance method wri...
2  cards
Day 64 - 63% FAIL
A receivable dominated in yen res...,
Not presenting comparative fs the...,
Treasury stock is shown as a redu...
6  cards
Day 65 - Equity Method & Cash Flows
In troubled debt restructuring th...,
An investor discontinued the equi...,
How are liquidating dividends tre...
8  cards
Day 66 - 47% DNF
A lessee has a 10 year finance le...,
How do corporations report treasu...,
Abc decided to discounting a busi...
5  cards
Day 67 - 70% FAIL
What is the interest expense for ...,
How are changes in estimates repo...,
True or false interest income fro...
7  cards
Day 68 - 47% FAIL
Interest paid on a discount bond ...,
What effect would the sale of tra...,
Bond liability is open on the bs as
6  cards
Day 69 - 63% FAIL
Under lower of cost or net realiz...,
There is no requirement to approp...,
Comprehensive income will include
6  cards
Day 70 - 47% DNF
What is true about a 10 year bond...,
What is on the statement of cash ...,
Freight out is considered a _____...
4  cards

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ZZZ - FAR #3

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