Accurals - Study guides, Class notes & Summaries

Vitamin C - ANSWERAntioxidant, tissue building, iron absorption Thiamin (B1) - ANSWERFunctions as a coenzyme in energy metabolism, promotes appetite, and assists with muscle actions through its role in nerve functioning Riboflavin (B2) - ANSWERcoenzyme to release energy from cells Niacin (B3) - ANSWERaids in the metabolism of fats, glucose, and alcohol Pantothenic Acid (B5) - ANSWERInvolved in the metabolism of fats, carbohydrates, and proteins as part of coenzyme A Pyridoxine (B6...

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Accrual Accounting Accounting system based on recording accounts based on historical prices and the matching principle Matching Principle Accrual accounting principle to match revenues and expenses in the same period Historical cost principle Accrual accounting principle to recorded assets, liabilities, and equity at historical levels. When an asset is purchased or liability incurred, it is recorded at cost. Accumulated depreciation The total amount of depreciation claimed against the f...

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What is the periodicity assumption? - Answer-Accounting divides the economic life of a business into artificial time periods. What is the revenue recognition principles? - Answer-Requires that companies recognize revenue in the accounting period in which it is earner. What is the expense recognition principle? - Answer-The practice of expense recognition. What is the matching principle? - Answer-The same thing as expense recognition principle. What is the difference between accrual a...

What does CMS define as fraud? A) Making false statements or misrepresenting facts to obtain an undeserved benefit or payment from a federal healthcare program B) Making true statements or accurate information to obtain a deserved benefit or payment from a federal healthcare program C) Making unnecessary claims or requesting unnecessary services from a federal healthcare program D) Making excessive claims or requesting excessive services from a federal healthcare program Correct an...

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Essential Skills For Paralegals: Volume I 4.2 And 4.3 Terminology Exercise 2, Questions and answers, 100% Accurate. VERIFIED. Court employee who keeps order in the courtroom--1. Bailiff: A group of citizens called upon to hear the evidence and render a verdict--2. Jury: The group from which the jury is selected--3. Jury Panel: The questioning of potential prospective jurors--4. Voir Dire: A person hears the entire case with the jury, but who will not deliberate or vote on a verdic...