Acct 306 - Study guides, Class notes & Summaries
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Exam (elaborations) Liberty University ACCT 370 Exam 3 Complete solution
- Exam (elaborations) • 334 pages • 2021
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Liberty University ACCT 370 Exam 3 Complete solution 
Liberty University ACCT 370 Exam 3 Complete solution 
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solutions 
1. Under IFRS, deferred taxes: 
2. Which of the following items used for resolving intra-firm comparisons 
is not generally disclosed? 
3. Which of the following does not properly describe the presentation by the lessor 
under ASC 842? 
4. Which of the following statements is correct with respect to the use of fair value 
accounting for liabilities under IFRS?...
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Exam (elaborations) Liberty University ACCT 370 Exam 1 Complete solution
- Exam (elaborations) • 196 pages • 2021
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Liberty University ACCT 370 Exam 1 Complete solution 
Liberty University ACCT 370 Exam 1 Complete solution 
100% satisfied: 

solutions 
1. 1. 2. A 3-for-1 stock split will reduce the per share par value and will 3. 4. 
5. 2. 6. accounting errors or irregularities can occur for what reason? 7. 8. 
9. 3. 
10. Accrual accounting net income can differ from operating cash flows for 
all of the following reasons except: 
A) future pension and healthcare benefits. 
B) estimates of uncollectible accou...
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