100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
**business study set chapters 14-16// WGU C214 Concepts Only Multi Choice Version Exam £11.16
Add to cart

Exam (elaborations)

**business study set chapters 14-16// WGU C214 Concepts Only Multi Choice Version Exam

 11 views  0 purchase
  • Module
  • Institution

local government entities have a different set of accounting standard which are set by who - ANSWER- government accounting stander board federal government follows a set of standard determined by who -ANSWER- federal accounting standards and advisory board international companies follow wh...

[Show more]

Preview 4 out of 32  pages

  • March 9, 2024
  • 32
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
***business study set chapters 14-16//
WGU C214 Concepts Only Multi Choice
Version Exam 2024-2026



local government entities have a different set of
accounting standard which are set by who -
ANSWER- government accounting stander board


federal government follows a set of standard
determined by who -ANSWER- federal accounting
standards and advisory board


international companies follow what standers of
accounting -ANSWER- international finical reporting
standers


what is forensic accounting and what does it involve
-ANSWER- accounting that is fit for legal review and

,involves analyzing finical documents in search for
fraudulent entries or finical misconduct


what is a private accountant -ANSWER- - employed
by large corporations, government agencies, and
other organizations to prepare and analyze their
finical statements
- they are deeply involved in most of the important
financial decisions of the organization


what is a certified management accountants -
ANSWER- - private accountants who are certified by
the national association of accountants and who
have some managerial respobaility


what is bookkeeping -ANSWER- limited to the day to
day recording of business transactions
- has a much narrower scope than accounting

,-responsible for obtain and recording the
information accounts require to analyze a firms
finical postions


how do managers and owners use finical statements
-ANSWER- aid in internal planning and control
external purposes such as reporting to the internal
reverence service, stock holders, creditors ,
consumers, employee's and other interested parties


what is managerial accounting -ANSWER- the
internal use of accounting statements by managers
in planning and directing the orgnixaiotn activities


what is cash flow -ANSWER- the movement of
money through an organization over a daily, weekly,
monthly, or yearly basis
def of accounting -ANSWER- the recording,
measurement, and interpretation of financial
information

, what is a certified public accountant -ANSWER- an
individual who has been state certified to provide
accounting services ranging form the preparation of
finical records and the filing of tax returns to
complex audits of corporate finical records


what is the sarbanes-oxley act do -ANSWER-
requires firms to be more rigorous in their
accounting and reporting practices


what does the dodd frank act do -ANSWER-
strengthens the oversight of finical institutions


what accounting methods do privet and public
business follow -ANSWER- generally accepted
accounting principles method
what is a budget -ANSWER- an internal finical plan
that forecasts expenses and income over a set
period of time

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 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 doctorEdward. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £11.16. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

50843 documents were sold in the last 30 days

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

Start selling
£11.16
  • (0)
Add to cart
Added