A guide through ifrs Study guides, Class notes & Summaries
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FSA SASB LEVEL I TEST WITH CORRECT ANSWERS 2024
- Exam (elaborations) • 26 pages • 2024
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- answer- 
 
What is the historical evolution of disclosure? Why is that relevant today? - answer-x 
 
How and why has sustainability accounting and disclosure evolved to supplement financial A&D? - answer- 
 
Characteristics of SASB D&A - answer-D&A metrics contextualize understanding of a firm's operations and strategic initiatives 
 
What is SICS? - answer-Sustainable Industry Classification System create and outline SASB Sectors and Industries 
 
Classification system to meet the needs of u...
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FSA SASB LEVEL I TEST WITH CORRECT ANSWERS 2024
- Exam (elaborations) • 26 pages • 2024
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- $7.99
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- answer- 
 
What is the historical evolution of disclosure? Why is that relevant today? - answer-x 
 
How and why has sustainability accounting and disclosure evolved to supplement financial A&D? - answer- 
 
Characteristics of SASB D&A - answer-D&A metrics contextualize understanding of a firm's operations and strategic initiatives 
 
What is SICS? - answer-Sustainable Industry Classification System create and outline SASB Sectors and Industries 
 
Classification system to meet the needs of u...
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CFA Level 1 Exam 1744 Questions with answers 2023,100% CORRECT
- Exam (elaborations) • 171 pages • 2023
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CFA Level 1 Exam 1744 Questions with answers 2023 
 
 
n Factorial - CORRECT ANSWER For a positive integer n, the product of the first n positive integers; 0 factorial equals 1 by definition. n factorial is written as n!. 
 
Accounting costs - CORRECT ANSWER Monetary value of economic resources used in performing an activity. These can be explicit, out-of-pocket, current payments, or an allocation of historical payments (depreciation) for resources. They do not include implicit opportunity cos...
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Strayer University - ACC 556week 1 quiz. 100% Correct.
- Exam (elaborations) • 55 pages • 2021
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1. Corporations generally receive more favorable tax treatment than sole proprietorships and corporations. A. True B. False 2. Which is not one of the three forms of business organi zation? A. Sole proprietorship B. Creditorship C. Partnership D. Corporation 3. Which is an advantage of corporations relative to partnerships and sole proprietorships? A. Increased difficulty of raising funds B. Harder to transfer ownership C. Reduced legal liability for investors D. Most common form of organization...
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Test Bank CHAPTER 24 FULL DISCLOSURE IN FINANCIAL REPORTING
- Answers • 34 pages • 2020
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CHAPTER 24

FULL DISCLOSURE IN FINANCIAL REPORTING

IFRS questions are available at the end of this chapter.

TRUE-FALSE—Conceptual
Answer	No.	Description
	F	1.	Items affected by FASB standards. 
	T	2.	SEC reporting requirements.
	T	3.	Definition of accounting policies.
	F	4.	Related party transactions disclosure.
	F	5.	Post-balance-sheet disclosures.
	T	6.	FASB 131 requirements
	F	7.	Allocation of joint or common costs.
	T	8.	Disclosure of major customers. 
	F	9.	Reporting under the integral ...
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Test Bank Chapter 5 Balance Sheet and Statement of Cash Flows.
- Answers • 45 pages • 2020
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CHAPTER 5

BALANCE SHEET AND STATEMENT OF CASH FLOWS

IFRS questions are available at the end of this chapter.

TRUE-FALSE—Conceptual
Answer	No.	Description
	F	1.	Liquidity and solvency.
	T	2.	Limitations of the balance sheet.
	T	3.	Definition of financial flexibility.
	T	4.	Long-term liability disclosures.
	F	5.	Definitions of the balance sheet.
	F	6. 	Land held for speculation.
	T	7.	Balance sheet format.
	F	8.	Purpose of statement of cash flows.
	F	9.	Statement of cash flows reporting.
	T	1...
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Test Bank CHAPTER 1 FINANCIAL ACCOUNTING AND
- Exam (elaborations) • 21 pages • 2020
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CHAPTER 1

FINANCIAL ACCOUNTING AND
ACCOUNTING STANDARDS

IFRS questions are available at the end of this chapter.

TRUE-FALSE—Conceptual
	Description
	F	1.	Definition of financial accounting.
	T	2.	Purpose of financial statements.
	T	3.	Definition of financial accounting.
	T	4.	Capital allocation process.
	F	5.	Objective of financial reporting.
	T	6.	Decision-Usefulness approach.
	T	7.	Users of financial statements.
	F	8.	Committee on Accounting Procedure.
	F	9.	Passage of FASB standards.
	T	...
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Test Bank Chapter 5 Balance Sheet and Statement of Cash Flows.
- Exam (elaborations) • 45 pages • 2020
-
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CHAPTER 5

BALANCE SHEET AND STATEMENT OF CASH FLOWS

IFRS questions are available at the end of this chapter.

TRUE-FALSE—Conceptual
	Description
	F	1.	Liquidity and solvency.
	T	2.	Limitations of the balance sheet.
	T	3.	Definition of financial flexibility.
	T	4.	Long-term liability disclosures.
	F	5.	Definitions of the balance sheet.
	F	6. 	Land held for speculation.
	T	7.	Balance sheet format.
	F	8.	Purpose of statement of cash flows.
	F	9.	Statement of cash flows reporting.
	T	10.	Financi...
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Test Bank CHAPTER 1 FINANCIAL ACCOUNTING AND
- Answers • 21 pages • 2020
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FINANCIAL ACCOUNTING AND
ACCOUNTING STANDARDS

IFRS questions are available at the end of this chapter.

TRUE-FALSE—Conceptual
Answer	No.	Description
	F	1.	Definition of financial accounting.
	T	2.	Purpose of financial statements.
	T	3.	Definition of financial accounting.
	T	4.	Capital allocation process.
	F	5.	Objective of financial reporting.
	T	6.	Decision-Usefulness approach.
	T	7.	Users of financial statements.
	F	8.	Committee on Accounting Procedure.
	F	9.	Passage of FASB standards.
	T	1...
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Test Bank CHAPTER 23 STATEMENT OF CASH FLOWS
- Answers • 59 pages • 2020
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CHAPTER 23

STATEMENT OF CASH FLOWS

IFRS questions are available at the end of this chapter.

TRUE-FALSE—Conceptual
Answer	No.	Description
	F	1.	Primary purpose of the statement of cash flows.
	T	2.	Information provided by statement of cash flows.
	T	3.	Classification of operating activities.
	F	4.	First step in cash flow statement preparation.
	T	5.	Reconciling beginning and ending cash balances.
	F	6.	Net income and net cash flow from operating activities.
	T	7.	Converting net income to net...