Accounting estimate - Study guides, Class notes & Summaries

WGU D196 Final Exam Prep (Latest 2024/ 2025 Update) Principles of Financial and Managerial Accounting- Questions and Verified Answers| 100% Correct| Grade A Q: Which type of account is retained earnings? Answer: Equity Q: For purposes of cash flow classification in the statement of cash flows, which item is an operating activity? Answer: Paying Employees Q: How does a classified balance sheet provide useful information to a decision maker? Answer: It distinguis...

CDFM Module 2 Exam Questions with Verified Solutions Latest Version 2025 Already Passed What law identifies the Chairman of the Joint Chiefs of Staff as the senior ranking member of the Armed Forces? - Answers The Goldwater-Nichols DoD Reorganization Act of 1986 The military operational chain of command runs from the President to whom? - Answers The SecDef to the Combatant Commanders The Chairman of the Joint Chiefs of Staff is the principal military advisor to which officials and/or organiz...

The sum of the practices and processes that an enterprise uses to manage the total life cycle cost investment in its portfolio of strategic assets is called _________ Total Cost Management ______ is the application of scientific principles and techniques to problems of : - estimation - cost control - business planning & management science - profitability analysis - project management - planning & scheduling Cost Engineering _______ Is the value of an activity or asset. Gene...

A Coupon Rate The interest rate that a company promises to pay on bonds Market Rate The interest rate on other comparable bonds Par Value The amount payable on maturity of the bond M arket rate Same as YTM - Yield to Maturity Gordon Growth Model Assumes stable growth rates and does not incorporate risk CAPM Model Allows to determine expected return on stocks and incorporates risk How do public companies maximize shareholder value? By maximizing Earnings Per Share How do private companies maximiz...

The emphasis in financial accounting is on which of the following external user groups? Educators CPA's Investors and Creditors Management - Investors and creditors The primary internal group that uses accounting information is: Investors Competitors Government Agencies Management - Management Internal Reports are generally used by: Employees Management Suppliers Lenders - Management Which of the following is NOT true of the FASB? It is a government agency It seeks consisten...

While filling out a survey, a respondent comes across a statement that reads "This survey is almost complete. There are only a few questions left." This statement is an example of a(n) - ANS: transition phrase. On a survey, a student comes across a question that asks "To what extent did you find marketing and accounting courses useful?" This question is (most closely) an example of a(n) - ANS: double-barreled question. ________ are open-ended questions that enable respondents t...

bookkeeping - ANS day to day keeping of transactions steps of decision making - ANS identify issue gather information identify alternatives select option that most likely results in desired objective accounting - ANS analysis of events record and report financial effects of business activities where does capital come from (3) - ANS investors creditors(lenders) business itself (from earnings retained) 2 main types of accounting - ANS financial and managerial manager...

SAP TS410 Certification Practice Exam V1 (Latest 2024/ 2025 Update) Qs & As| Grade A| 100% Correct (Verified Answers) Q: Which objects can be assigned to a Purch organization Answer: Plant and Vendor Q: Material master and Fixed asset are directly assigned to a ___________? Answer: Company Code Q: What happens when you post a goods issue for a delivery document in sales? Answer: - The billing list is updated - An accounting journal entry in created - Inve...

UCF MAN 4583 Exam 2 Latest Update Already Passed Project Budget A realistic estimate of the cost to complete the project work Estimate too high; the project could be canceled Estimate too low; the project will cost more and don't deliver The Cost target you aim for as you manage a project Labor Cost What you paid people to work on the project Vendors Contractors Employees Burdened Cost For employees Salary Benefits May get the rates from accounting or HR departm...

1. A records inventory cannot succeed without ______ and the cooperation of individual program units. a. Accounting support b. Top management support c. Marketing d. Confidential destruction e. Outside directives Correct Answer-B 2. The records inventory project can be accomplished by internal RIM staff, departmental staff or: a. Auditors b. Corporate attorneys c. Outside consultants d. Marketing e. Human resources Correct Answer-C 3. Before the records inventory project begins i...