Accounts recei - Study guides, Class notes & Summaries

Chapter 4: Accounts Receivable Practice Exam Questions and Answers Receivables - Answer ️️ -- Financial assets that represent a contractual right to receive cash or another financial asset from another entity - For retailers or manufacturers (sometimes for service business): sale - For banks and other financial institutions: result from loans to customers Trade receivables (company) - Answer ️️ -- One of two types of receivables for retailers or manufacturers (sometimes for servic...

What are two of the primary sub-processes encompassed in the accounts receivables process in GFEBS - ANSWER Reimbursables and Debt Management Reimbursable Process - ANSWER determine the order acceptance direct cite, direct charge, or reimbursable Determine the type of work Create a project structure Approver reviews and releases the project in Project Systems Key Terms associated with the reimbursables process to its description - ANSWER Obligates appropriations in the same manner as or...

GFEBS Reimbursable - Accounts Receivables Exam

GFEBS Reimbursable - Accounts Receivables Exam

INTERMEDIATE ACCOUNTING 1 REVIEWER: Cash and Cash Equivalent, Bank Reconciliation, Proof of Cash, Accounts Receivable, Estimation Of Doubtful Accounts, Notes Receivable, Loan Receivable, Receivable Financing, Inventories, Gross Profit Method And Retail Inventory Method, Financial Asset At Fair Value, Investment In Equity Securities

Wall Street Prep Question and answers verified to pass Income Statement - correct answer Revenue -> Gross Profit -> EBIT -> Pretax Profit -> Net Income -> EBITDA -> Adjusted EBITDA Gross Profit - correct answer Revenue - COGS EBIT - correct answer [Revenue - COGS] - Operating Expenses - D&A Pretax Profit - correct answer [Revenue - COGS - Operating Expenses - D&A] + Interest Income - Interest Expense - Other Expense Net Income - correct answer [Reven...

What is defined as any felonious act of corruption or attempt to cheat the Government or corrupt the Government's agents by charge card program officials? - correct answer Internal Fraud If transactions not made by the Cardholder appear on the Statement of Account, the Cardholder should dispute them with the card-issuing bank within how many days of the transaction date? - correct answer 90 Which of the following is an agreement that is not binding solely because the Government repres...

QuickBooks Chapter 5 Questions and Answers 100% Pass Before adding customers, check quickbooks: A) vendors B) inventory C) accounts and settings D) products and services list C) accounts and settings The customer page includes the: A)Adding a new customer. B)Customer list. C)Create invoice. D)Export to Excel. E)All. E)All When cash sales are recorded, use: A)Invoice. B)Bill. C)Customer payment. D)Sales Receipt. E)None. D)Sales Recei

Auditing and Assurance Services, 15e (Arens) Chapter 16 Completing the Tests in the Sales and Collection Cycle: Accounts Receivable Learning Objective 16-1 1) The two primary classes of transactions in the sales and collection cycle are: A) sales and sales discounts. B) sales and cash receipts. C) sales and sales returns. D) sales and accounts receivable. Answer: B Terms: Classes of transactions; Sales and collection cycle Diff: Easy Objective: LO 16-1 AACSB: Reflective thinking skil...

WGU C214 OA Financial Management Pre-Assessment Questions &Answers (A+ GRADED 100% VERIFIED)