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FAC1601 – Financial Accounting and Reporting
FAC1601 – Financial Accounting and Reporting 
1. Journal Entries 
Question 1: 
On July 1st, a company paid R18,000 for one year of insurance coverage. Prepare the journal entry to record the insurance payment and the adjusting entry at the end of the year (assuming a fiscal year-end of December 31st). 
Answer: 
Initial Payment (July 1st): 
•	Debit: Prepaid Insurance (R18,000) 
•	Credit: Cash (R18,000) 
Adjusting Entry (December 31st): 
•	Six months of the insurance has been used (R18,000...
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FAC1601 – Financial Accounting and Reporting 
1. Journal Entries 
Question 1: 
On July 1st, a company paid R18,000 for one year of insurance coverage. Prepare the journal entry to record the insurance payment and the adjusting entry at the end of the year (assuming a fiscal year-end of December 31st). 
Answer: 
Initial Payment (July 1st): 
•	Debit: Prepaid Insurance (R18,000) 
•	Credit: Cash (R18,000) 
Adjusting Entry (December 31st): 
•	Six months of the insurance has been used (R18,000...
Real Estate License Exam Questions With Correct Answers
Real Estate License Exam Questions With Correct Answers 
 
.15 days of unexplained absence without payment of rent is: - ANSWER-Abandonment 
 
.3 requirements to have a legally enforceable commission: - ANSWER-1) Written fee agreement 2) Procurement of a sale 3) License 
 
.3 types of liability under CERCLA (SuperFund) - ANSWER-1) Strict (no matter how careful, still liable) 
2) Joint & Several (pursue one or several) 
3) Retroactive (violations occur before law passed) 
 
.4 ways to deal with ...
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Real Estate License Exam Questions With Correct Answers 
 
.15 days of unexplained absence without payment of rent is: - ANSWER-Abandonment 
 
.3 requirements to have a legally enforceable commission: - ANSWER-1) Written fee agreement 2) Procurement of a sale 3) License 
 
.3 types of liability under CERCLA (SuperFund) - ANSWER-1) Strict (no matter how careful, still liable) 
2) Joint & Several (pursue one or several) 
3) Retroactive (violations occur before law passed) 
 
.4 ways to deal with ...
psychiatric nursing and HUD Housing Counselor certification Exam Questions With Correct Answers
psychiatric nursing and HUD Housing Counselor certification Exam Questions With Correct Answers 
 
]1. Psychiatric Nursing Study Guide: Summaries & Key Points 
Topic: Schizophrenia and Psychotic Disorders 
Overview: Schizophrenia is a chronic mental health condition that affects a person's ability to think, feel, and behave clearly. It's characterized by episodes of psychosis, hallucinations, and delusions. 
Key Points: 
•	Symptoms: 
o	Positive symptoms: Hallucinations (auditory, visual...
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psychiatric nursing and HUD Housing Counselor certification Exam Questions With Correct Answers 
 
]1. Psychiatric Nursing Study Guide: Summaries & Key Points 
Topic: Schizophrenia and Psychotic Disorders 
Overview: Schizophrenia is a chronic mental health condition that affects a person's ability to think, feel, and behave clearly. It's characterized by episodes of psychosis, hallucinations, and delusions. 
Key Points: 
•	Symptoms: 
o	Positive symptoms: Hallucinations (auditory, visual...
HUD Housing Counselor Certification exam: sample questions and answers
HUD Housing Counselor Certification exam: sample questions and answers 
1. Financial Management 
Question: 
What is the recommended percentage of income that a household should allocate for housing expenses, including rent or mortgage payments? 
Answer: 
HUD recommends that households spend no more than 30% of their gross monthly income on housing expenses, which include rent or mortgage payments, property taxes, and insurance. 
________________________________________ 
2. Housing Affordability...
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HUD Housing Counselor Certification exam: sample questions and answers 
1. Financial Management 
Question: 
What is the recommended percentage of income that a household should allocate for housing expenses, including rent or mortgage payments? 
Answer: 
HUD recommends that households spend no more than 30% of their gross monthly income on housing expenses, which include rent or mortgage payments, property taxes, and insurance. 
________________________________________ 
2. Housing Affordability...
HUD Housing Counselor Certification Practice Assessment Questions With Complete Solutions
HUD Housing Counselor Certification Practice Assessment Questions With Complete Solutions 
 
.A client has been a paralegal for five years and earns $56,400 per year. She has been working part-time at an ice cream parlor for the past few summers to save for her first home. Now that she has saved $12,000 toward a down payment, she no longer needs to work a second job. In the next three months, the client would like to buy a single-family home near a good school for less than $150,000. 
 
Does th...
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HUD Housing Counselor Certification Practice Assessment Questions With Complete Solutions 
 
.A client has been a paralegal for five years and earns $56,400 per year. She has been working part-time at an ice cream parlor for the past few summers to save for her first home. Now that she has saved $12,000 toward a down payment, she no longer needs to work a second job. In the next three months, the client would like to buy a single-family home near a good school for less than $150,000. 
 
Does th...
Step 1 - Rapid Review + Goljan + Pathoma High Yield
Step 1 - Rapid Review + Goljan + Pathoma High Yield 
 
.___ accumulation causes cataracts, neuropathy, retinopathy in DM - ANSWER-Sorbitol 
 
.___ activates glycogen phosphorylase - ANSWER-Glucagon 
 
.___ activates glycogen synthase - ANSWER-Insulin 
 
.___ and ___ enhance Na/K-ATPase; >> hypokalemia - ANSWER-Albuterol, Insulin 
 
.___ and ___ inhibit Na/K-ATPase; >> hyperkalemia - ANSWER-B-Blockers, Succinylcholine 
 
.___ and ___ require a carrier protein to cross memb...
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Step 1 - Rapid Review + Goljan + Pathoma High Yield 
 
.___ accumulation causes cataracts, neuropathy, retinopathy in DM - ANSWER-Sorbitol 
 
.___ activates glycogen phosphorylase - ANSWER-Glucagon 
 
.___ activates glycogen synthase - ANSWER-Insulin 
 
.___ and ___ enhance Na/K-ATPase; >> hypokalemia - ANSWER-Albuterol, Insulin 
 
.___ and ___ inhibit Na/K-ATPase; >> hyperkalemia - ANSWER-B-Blockers, Succinylcholine 
 
.___ and ___ require a carrier protein to cross memb...
NUR 452 Final Exam Questions With Complete Solutions
NUR 452 Final Exam Questions With Complete Solutions 
 
 
.-A radioactive gas that is formed naturally from the radioactive decay of uranium in rocks and soil. 
-Colorless, odorless, and tasteless, but extremely toxic 
-A carcinogen which can cause lung cancer - ANSWER-Radon 
 
.A colorless, odorless, and tasteless gas which is highly poisonous. 
Produced by the incomplete burning of natural gas, gasoline, liquefied petroleum gas, oil, kerosene, coal, charcoal, or wood. - ANSWER-Carbon Monoxi...
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NUR 452 Final Exam Questions With Complete Solutions 
 
 
.-A radioactive gas that is formed naturally from the radioactive decay of uranium in rocks and soil. 
-Colorless, odorless, and tasteless, but extremely toxic 
-A carcinogen which can cause lung cancer - ANSWER-Radon 
 
.A colorless, odorless, and tasteless gas which is highly poisonous. 
Produced by the incomplete burning of natural gas, gasoline, liquefied petroleum gas, oil, kerosene, coal, charcoal, or wood. - ANSWER-Carbon Monoxi...
AANP Board Questions and Answers 140+ Questions with Verified Answers
AANP Board Questions and Answers 140+ Questions with Verified Answers 
 
.- ANSWER-Saddle anaesthesia, 
 
.>/= 5mm - ANSWER-HIV (+) 
Recent contact with infectious TB cases 
CXR with fibrotic changes consistent with previous TB disease 
Any child who had close contact or has TB symptoms (before age of 5 years) 
Immunocompromised (i.e., organ transplant, bone marrow transplant, renal failure, patients on biologic drugs, others) 
 
.≥10mm - ANSWER-≥10mm Recent immigrants (within p...
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AANP Board Questions and Answers 140+ Questions with Verified Answers 
 
.- ANSWER-Saddle anaesthesia, 
 
.>/= 5mm - ANSWER-HIV (+) 
Recent contact with infectious TB cases 
CXR with fibrotic changes consistent with previous TB disease 
Any child who had close contact or has TB symptoms (before age of 5 years) 
Immunocompromised (i.e., organ transplant, bone marrow transplant, renal failure, patients on biologic drugs, others) 
 
.≥10mm - ANSWER-≥10mm Recent immigrants (within p...
MFT national exam: questions 2023
MFT national exam: questions 2023 
 
.Adler - ANSWER--Early 1900's. 
-Identified role others and society have on personality development. 
-Launched Child Guidance Movement. 
 
.Bertrand Russel - ANSWER--1920's 
-Theory of Logical Types~ defined systems, within defineable systems, within defineable systems. 
 
.Bowen Assessment - ANSWER-Genogram - Symbolic chart of family. Tracks multi-generational family processes and tracks changes in triangles. 
 
.Bowen Diagnosing - ANSWER-Non-patholog...
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MFT national exam: questions 2023 
 
.Adler - ANSWER--Early 1900's. 
-Identified role others and society have on personality development. 
-Launched Child Guidance Movement. 
 
.Bertrand Russel - ANSWER--1920's 
-Theory of Logical Types~ defined systems, within defineable systems, within defineable systems. 
 
.Bowen Assessment - ANSWER-Genogram - Symbolic chart of family. Tracks multi-generational family processes and tracks changes in triangles. 
 
.Bowen Diagnosing - ANSWER-Non-patholog...
Fundamentals Vsim Qs Final Exam Questions With Correct Answers
Fundamentals Vsim Qs Final Exam Questions With Correct Answers 
 
1. When taking a patient's health history, which of the following does the nurse identify as risk factors for having a stroke? (Select all that apply.) 
a. Hypertension 
b. Recent weight loss 
c. Smoking 
d. Asthma 
e. Diabetes mellitus - ANSWER-a,c,e 
 
.2. The nurse has an order to complete neurochecks every four hours. Which assessments would the nurse include in the neurological examination? (Select all that apply.) 
a. Cra...
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Fundamentals Vsim Qs Final Exam Questions With Correct Answers 
 
1. When taking a patient's health history, which of the following does the nurse identify as risk factors for having a stroke? (Select all that apply.) 
a. Hypertension 
b. Recent weight loss 
c. Smoking 
d. Asthma 
e. Diabetes mellitus - ANSWER-a,c,e 
 
.2. The nurse has an order to complete neurochecks every four hours. Which assessments would the nurse include in the neurological examination? (Select all that apply.) 
a. Cra...
NGN ATI PN FUNDAMENTALS PROCTORED EXAM GRADED A
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Foundations Of Maternal-Newborn And Womens health Nursing 8th Edition Test Bank By Murray