Acc exam 1 - Study guides, Class notes & Summaries

ACC EXAM 1 QUESTIONS & ANSWERS 2024/2025 2 organizations that are simple to establish - ANSWERSsole proprietorship & partnership organization that is easy to transfer ownership - ANSWERScorporations organizations that has no personal liablility - ANSWERScorporations 2 internal users of financial statements - ANSWERSdirectors and marketing managers 3 external users of the financial statements - ANSWERScreditors investors labor unions customers irs epa sec 2 ways a corporation ...

ACC EXAM 1 PART 2 QUESTIONS & ANSWERS 2024/2025 Standard Categories Assets - ANSWERS1. current assets 2. long term investments 3. property, plans and equipment 4. intangible assets current assets order of liquidity - ANSWERS1. cash 2. debt investments 3. accounts receivable 4. inventory 5. supplies 6. prepaid insurance long term assets order - ANSWERS1. long term investments 2. PPE 3. intangible assets Working Capital - ANSWERScurrent assets - current liabilities Curre...

Education requirements for current nursing practice - ANSWER LPN- practical/vocational RN- associates or bachelors degree in nursing Advanced Practice- masters or doctorate in nursing patient centered care - ANSWER providing care that is respectful of and responsive to individual patient preferences, needs, and values and ensuring that patient values guide all clinical decisions Important Nursing Organizations - ANSWER -American Nurses Association -National League for Nursing -Americ...

ACC Exam 1 Questions with 100% Correct Answers 2024/2025 Income Statement Equation - ANSWERSRevenues-expenses+gains-losses= net income Revenues - ANSWERSincreases in assets or a decrease in a liability (sales) Expenses - ANSWERSdecreases in assets or an increase in a liability from ongoing operations assets that were used to gain that periods revenue Gains - ANSWERSnot from the primary operation of the business are similar to revenue but they are from peripheral transactions ...

COB 242 - Exam 1 Already Passed Gross Margin % (Revenue - COGS) ÷ Revenue indicates how much of each sales dollar is left after deducting the cost of goods sold to cover expenses and provide a profit. Units: % Earnings Per Share (Net Income - Dividends on Preferred Stock) ÷ Average Outstanding Shares This measure indicates how much income was earned for each share of common stock outstanding. Units: $ Working Capital Current Assets - Current Liabilities measure of both a company's effi...

PSW NACC EXAM 1 REVIEW QUESTIONS WITH CORRECT ANSWERS ALL VERIFIED A+ GRADED

ACC 241 Exam 1 Questions and Answers (Already Graded A)ACC 241 Exam 1 Questions and Answers (Already Graded A)ACC 241 Exam 1 Questions and Answers (Already Graded A)What is accounting? - ANSWER - Accounting consists of three basic activities- it identifies, records, and communicates the economic events of an organization to interested users. Identifies - ANSWER - the economic events relevant to its business Records - ANSWER - consists of keeping a systematic, chronological diary of events,...

Care coordination Correct Answer-the deliberate organization of and communication about patient care activities between two or more members of the health care team to facilitate appropriate and continuous health care to meet that patients needs case management Correct Answer-provide quality and cost effective services and resources to achieve positive patient outcomes; coordinates inpatient and community based care before discharge from a hospital or other facility transition management Co...

ACC 241 Exam 1 (Chapters 1,2,3,4) with Correct Questions and AnswersACC 241 Exam 1 (Chapters 1,2,3,4) with Correct Questions and AnswersACC 241 Exam 1 (Chapters 1,2,3,4) with Correct Questions and AnswersACC 241 Exam 1 (Chapters 1,2,3,4) with Correct Questions and Answers Which of the following report to the audit committee of the Board of Directors? A. The treasurer and controller B. The CFO and internal audit department C. The internal audit department and the independent CPA firm D. Th...