100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
AFSB 152 Chapter 7 Review Questions(answers). $14.49   Add to cart

Exam (elaborations)

AFSB 152 Chapter 7 Review Questions(answers).

 6 views  0 purchase
  • Course
  • AFSB 152
  • Institution
  • AFSB 152

AFSB 152 Chapter 7 Review Questions(answers).

Preview 2 out of 6  pages

  • August 7, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • AFSB 152
  • AFSB 152
avatar-seller
BRAINBOOSTERS
AFSB 152
Chapter 7
Review
Questions(answe
rs)
Identify the factors that would enable the
analyst to make realistic assessments of
financial data. - answer - adequate
accounting systems and high-quality financial
reports
- a close and open working relationship with
the contractor
- when approved by the contractor, access to
the contractor's CPA or other personnel who
may provide important data or insights
- the analyst's knowledge and experience

, Identify the principal areas of financial
analysis. - answer - the effects of
subsequent recognition of conditions that
existed were not evident during the
accounting period or while the financial
statement was being prepared
- the effects of subsequent events and
conditions relating to the contractor's
financial affairs
- the analyst's judgment regarding
classification of amounts in the financial
statement
- the analyst's judgment regarding amounts
to be allowed for underwriting purposes
- qualitative assessment of all amounts
included in the financial statement
- quantitative and qualitative assessments of
the financial statement in its entirety


Identify existing but undetected conditions
that may result in an overstatement of the
contractor's financial condition. - answer -
financial and performance problems
experienced by the contract owner,
subcontractors, or suppliers

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller BRAINBOOSTERS. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67163 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.49
  • (0)
  Add to cart