Afm 101 final exam Study guides, Class notes & Summaries

AFM 101 Final exam 2024 with 100% correct answers Four financial statements in order - answerincome statement, retained earnings statement, balance sheet, statement of cash flows Financial Accounting - answerFor internal and external use Management Accounting - answerOnly used internally General Accepted Accounting Principles (GAAP) - answerthe common set of standards and procedures by which audited financial statements are prepared International Financial Reporting Standards (IFRS) - an...

AFM 101 Final exam 2024 with 100% correct answers Four financial statements in order - answerincome statement, retained earnings statement, balance sheet, statement of cash flows Financial Accounting - answerFor internal and external use Management Accounting - answerOnly used internally General Accepted Accounting Principles (GAAP) - answerthe common set of standards and procedures by which audited financial statements are prepared International Financial Reporting Standards (IFRS) - an...

Four financial statements in order income statement, retained earnings statement, balance sheet, statement of cash flows Financial Accounting For internal and external use Management Accounting Only used internally General Accepted Accounting Principles (GAAP) the common set of standards and procedures by which audited financial statements are prepared International Financial Reporting Standards (IFRS) Used by public enterprise Proprietorship A business o...

Four financial statements in order - ANSWER-income statement, retained earnings statement, balance sheet, statement of cash flows Financial Accounting - ANSWER-For internal and external use Management Accounting - ANSWER-Only used internally General Accepted Accounting Principles (GAAP) - ANSWER-the common set of standards and procedures by which audited financial statements are prepared International Financial Reporting Standards (IFRS) - ANSWER-Used by public enterprise Propriet...

Four financial statements in order - Correct answer-income statement, retained earnings statement, balance sheet, statement of cash flows Financial Accounting - Correct answer-For internal and external use Management Accounting - Correct answer-Only used internally General Accepted Accounting Principles (GAAP) - Correct answer-the common set of standards and procedures by which audited financial statements are prepared International Financial Reporting Standards (IFRS) - Correct answer-Use...

Four financial statements in order income statement, retained earnings statement, balance sheet, statement of cash flows Financial Accounting For internal and external use Management Accounting Only used internally General Accepted Accounting Principles (GAAP) the common set of standards and procedures by which audited financial statements are prepared International Financial Reporting Standards (IFRS) Used by public enterprise Proprietorship A business o...