Cash discounts ar - Study guides, Class notes & Summaries
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SUA Midterm(questions & answers)graded A+
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SUA MidtermFor making provisions for Bad Debt the journal entry is: 
 
Dr. Allowance for Doubtful Accounts 
 Cr: Accounts Receivable - correct answer False, that is to write off an account as uncollectible. 
 
Freight-In Balance in GL is required for calculating COGS - correct answer True 
 
Bad Debt Expense is calculated after multiplying a certain percentage by Gross Sales - correct answer False, it is by CREDIT sales 
 
You have done the year ending adjustment entry in the General Journal to...
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Sage Intacct Implementation Study Guide Exam
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General Ledger: What rolls an account's ending balance, for each reporting period into the retained earnings accounts, effectively making the balance forward for the account zero? - Non-closing accounts 
 
General Ledger: What GL configuration option prevents users from entering a journal entry or other transaction that does not balance for the current dimension? - Enforce JE balancing 
 
General Ledger: What does an entity translate to for transacting in a multi-entity shared environment? - Lo...
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MRTS 1342 Exam Study Guide with Complete Solutions
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MRTS 1342 Exam Study Guide with 
Complete Solutions 
Accounting - Answer️️ -A language of business employed to communicate financial 
information based upon analyzing recording, classification, summarization, reporting, 
and interpretation of financial data. 
Accounting equation - Answer️️ -Assets equal Liabilities plus Owner's Equity 
Accounts Payable - Answer️️ -an unwritten promise to pay creditors for property, such 
as merchandise, 
10 supplies, or equipment, purchased on credi...
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Sage Intacct Implementation Exam Questions and Correct Answers
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Sage Intacct Implementation Exam Questions and Correct Answers 
Accounts Payable: AP approvals are based on what amount? - ANSWER-Bill Amount 
 
.Accounts Payable: How can vendors be organized into categories for reporting? - ANSWER-Vendor types 
 
.Accounts Payable: How can you edit accounting information on both partially and fully paid bills and adjustments? - ANSWER-Reclassification 
 
.Accounts Payable: In a cash basis company, when does the system post a vendor's bill expense account to t...
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Acct 3222 | 1 2023 Final Exam Prepared 100% Questions with A+ Correct Answers
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Acct 3222 | 1 2023 Final Exam Prepared 100% Questions with A+ Correct Answers 
Revenue - CORRECT ANSWER-inflows of assets from delivery or producing goods or rendering services - realized and earned 
Realized - CORRECT ANSWER-product/service is exchanged for cash/promise/other asset 
Earned - CORRECT ANSWER-products have been delivered or services provided 
Criteria for Revenue - CORRECT ANSWER-- evidence 
- delivered/rendered 
- price fixed and determinable 
- assured collectability 
Fraud Ris...
And that's how you make extra money
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SAP Certification Exam 353 Questions with Verified Answers,100% CORRECT
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SAP Certification Exam 353 Questions with Verified Answers 
 
 
All marketing documents have tabs for Contents, Logistics, Accounting, and Attachments (T/F) - CORRECT ANSWER True 
 
What is an easy way to assign a standard role based cockpit to a user? 
 
a. Use the Form Settings window to choose the Authorization Group 
 
b. Assign an Authorization Group to a User in the Users-Setup Window 
 
c. Select the Authorization Group in the Widget Gallery - CORRECT ANSWER b. Assign an Authorization Gro...
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Sage Intacct Implementation exam with correct answers 2024.
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General Ledger: What rolls an account's ending balance, for each reporting period into the retained earnings accounts, effectively making the balance forward for the account zero? - answer-Non-closing accounts 
 
General Ledger: What GL configuration option prevents users from entering a journal entry or other transaction that does not balance for the current dimension? - answer-Enforce JE balancing 
 
General Ledger: What does an entity translate to for transacting in a multi-entity shared env...
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ACA Assurance Questions and Answers 2023
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ACA Assurance Questions and Answers 2023 
What are the 5 key elements of an assurance engagement? 
CREST 
Criteria 
Report 
Evidence 
Subject matter (the thing being checked) 
Three party relationship 
 
 
 
What are the auditor appointment considerations before acceptance of an engagement? 
MANICS 
Management Integrity 
Adequate Resources 
Nature of Engagement (level of risk) 
Identification 
Communicate with previous auditor 
Stability 
 
 
 
What is the letter of engagement? 
Sets out the obj...
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SAP Certification Exam Questions And Answers Verified By Experts
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SAP Certification Exam Questions And Ans 
SAP Certification Exam 
 
 
 
 
All marketing documents have tabs for Contents, Logistics, Accounting, and Attachments (T/F) - ANS True 
 
What is an easy way to assign a standard role based cockpit to a user? 
 
a. Use the Form Settings window to choose the Authorization Group 
 
b. Assign an Authorization Group to a User in the Users-Setup Window 
 
c. Select the Authorization Group in the Widget Gallery - ANS b. Assign an Authorizat...
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HFMA Questions Answered 100% correct, Scored A+
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HFMA Questions Answered 100% correct, Scored A+ 
Definition of cost 
Can be the amount paid for the service. It can also be the amount paid for salaries or to other vendors 
 
 
 
Direct Cost 
Are the costs that can be traced directly to a department, product, or service (Salaries, Employee benefits, medications, supplies, aging and equipment maintenance contract 
 
 
 
Direct cost in a health Plan 
Would be the actual claims payments made by the plan on behalf of its members 
 
 
 
indirect cos...
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