Acca exam questions - Study guides, Class notes & Summaries

ACCA F3 Exam Questions with Complete Solutions Which of the following statements is true? A The directors of a company are liable for any losses of the company B A sole trader business is owned by shareholders and operated by the proprietor C Partners are liable for losses in a partnership in proportion to their profit share ratio D A company is run by directors on behalf of its members - ANSWER D A company is run by directors on behalf of its members 2 Which of the followin...

ACCA F3 Exam Questions and Answers All Correct Financial reporting - Answer-is a way of recording, analysing and summarising financial data. For-profit entities of whatever size or nature exist - Answer-to make a profit. Not-for-profit entities exist - Answer-for the achievement of specific objectives rather than to make a profit. Profit - Answer-is the excess of income over expenditure. When expenditure revenue, the business is running at a loss. A sole tradership - Answer-is a bu...

COUNSELOR PREPARATION COMPREHENSIVE EXAMINATION QUESTIONS WITH CORRECT ANSWERS HIPAA CORRECT ANSWER Health Insurance Portability and Accountability Act Passed in 1996 Patients have control over who is able to access and view their health records IDEA CORRECT ANSWER Individuals with Disabilities Education Improvement Act A civil rights law guaranteeing that students with disabilities receive the services they need FERPA CORRECT ANSWER Family Educational Rights and Privacy Act Created i...

ACCA AA 2024 Exam Questions and Answers Who are the Stakeholders in an Audit? - ANSWERShareholders Directors Employees HMRC Suppliers The Public What are the conditions for audit exemption? - ANSWER2 or more: Turnover <10.2M Assets <5.1M Employees <50 ©EMILLECT 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH OCTOBER 2024 Page 2/147 What is an Audit? - ANSWERIndependent Expression of opinion "True and Fair" Financial Statements in accordance with repor...

OK HVAC JOURNEYMAN TEST EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED GRADED A+ C- leaky suction valve A deep vacuum is an evacuation method in which a technician uses a vacuum pump (or the systems compressor) to pull a vacuum until no moisture or other vapor remains in the system. If the compressor is used for this procedure, but CANNOT produce a deep vacuum, which of the following would be the problem? A- bad TXV B- low refrigerant C- leaky suction valve D- leaky exhaus...

CCA Exam Top Exam Questions and answers, 100% Accurate. Which of the following organizations is responsible for updating the procedure classification of ICD-10-PCS? - -Centers for Medicare and Medicaid Services (CMS) Coding accuracy is anticipated to improve due to which ICD-10-CM enhancements? - -Expanded codes to capture more detail Which character in an ICD-10-CM diagnosis code provides information regarding encounter of care? - -Seventh What does the fourth character of an ICD-...

ACCA F7 Exam Practice Questions and Answers How is revenue treated that is receivable 2 years after the goods are delivered? - ANSWERThe amount of revenue initially recognised is the amount receivable discounted to present value. Interst is then applied to the receivable as interest income over 2 years IFRS 9 requires investments in equity instruments to be measured and accounted for ( in the absence of any election at initial recognition)? - ANSWERFair value with changes going through pro...

CCA Exam Questions & Answers/ ACCURATE/ Which organization updates the procedure classification of ICD-10-PCS - -CMS What does the 4th character of an ICD-10-CM diagnosis code capture? - -Etiology True or false: Critical access hospitals are reimbursed under Medicare's outpatient prospective payment system. - -False. They are paid based on a cost-based payment system. If the placement of a catheter is billed along with an infusion on the same day of service for an outpatient beneficia...

ACCA F3 nilelan Exam with Questions and Answers...

Financial Reporting F7 ACCA 2024 Exam Questions and Answers purpose of financial reporting - ANSWERto provide information to the users i.e. creditor, lendor and investers. they are the primary users IFRS 9 effective interest rate table - ANSWERAC B/F... interest expense... interest paid.... AC C/F. BF+IE-IP=CF intangible Asset Conditions - ANSWER1. no physical existence 2. should be non monetary .... not cash not receivable but PPE 3. Seperable or Identifiable. we can seperate it. 6 sta...