Funeral accounting - Study guides, Class notes & Summaries

Purchaser asks for accounting correct answers 30 days (from written request) Provider authorizing seller to sell pre-needs; time to notify MO State board correct answers 15 days Seller to pay provider Trust correct answers 60 days (after receiving certificate of performance) Seller to deposit Trust money correct answers 60 days Seller to deposit Joint Account Money correct answers 10 days Seller to take steps to get money on Joint Account from Bank correct answers 15 days (after c...

AAMI Accounting 2 Final Exam Questions and Answers The concept that prices rise over time - Correct Answer ️️ -Inflation Another term for sales - Correct Answer ️️ -Revenue Sales - Cost of Goods Sold - Correct Answer ️️ -Gross Profit In an inflationary period what method of inventory valuation would lower profits - Correct Answer ️️ -LIFO In an inflationary period what method of inventory valuation would increase profits - Correct Answer ️️ -FIFO In a deflationary pe...

Glossary fro the Study Materials for the Texas Funeral Prearrangement Life Insurance Agent License: Key Words to Study Accidental Death Benefit Rider - correct answer insured dies in an accident Accumulation Period - correct answer Time during which a pool of money is being held Advertising - correct answer Clear, Understandable, Not Misleading Alien Company - correct answer Other Countries Annual Statement - correct answer Annual Accounting Report Annuitant - correct answer Indi...

NBE ARTS Sample Questions, NBE: Arts Practice Questions, NBE Arts Practice Exam, accounting NBE- compend, NBE Funeral Service Merchandising.

Washington State funeral LRR 308-49 Prearrangement Funeral Services Exam Questions and Answers Sales price using either a trust or insurance - Answer-Guarantees a final price for merch and services. Sales price using a trust - Answer-A trust plus accruals will be applied toward the cost of merch and services at the time of need. If cost exceeds the sales price plus accruals the purchaser must pay the difference, if the cost is less then the purchaser receives a refund. Insurance - Answer-...

AAMI Accounting 2 Final Exam Questions and Answers The concept that prices rise over time - Correct Answer ️️ -Inflation Another term for sales - Correct Answer ️️ -Revenue Sales - Cost of Goods Sold - Correct Answer ️️ -Gross Profit In an inflationary period what method of inventory valuation would lower profits - Correct Answer ️️ -LIFO In an inflationary period what method of inventory valuation would increase profits - Correct Answer ️️ -FIFO In a deflationary pe...

Missouri Law Exam per Don Otto Class Practice Questions and Answers Who approves accreditation of Funeral School Programs? - Ans:-ABFSE (American Board of Funeral Service Examiners) How long do you have to graduate from accredited mortuary school after application? - Ans:-5 years Who can receive an emergency 6 month license in the event of a FD death? - Ans:-NOK, spouse, or executor What needs to be stated in the letter to state for reciprocity license? - Ans:-Good standing with board, n...

Test Bank for Marketing, 20th Edition, William M. Pride, O. C. Ferrell   True / False 1. Marketing consists primarily of selling and advertising. a. True b. False ANSWER: False 2. The broadest and simplest definition of marketing states that it is the development and efficient distribution of products for consumer segments. a. True b. False ANSWER: False 3. Customers are the focal point of all marketing activities. a. True b. False ANSWER: Tru...

A device for recording the changes (increases or decreases) in the fundamental accounting elements. Account The process involved in journalizing, posting to the ledger, taking a trial balance, preparing statements, making adjusting and closing entires, and preparing a post-closing trial balance. Accounting cycle Which of the following terms is defined as an unwritten promise by a customer to pay, at a later date, goods sold or services rendered? Accounts receivable Entries made at the conc...

Glossary fro the Study Materials for the Texas Funeral Prearrangement Life Insurance Agent License: Key Words to StudyAccidental Death Benefit Rider - correct answer insured dies in an accident Accumulation Period - correct answer Time during which a pool of money is being held Advertising - correct answer Clear, Understandable, Not Misleading Alien Company - correct answer Other Countries Annual Statement - correct answer Annual Accounting Report Annuitant - correct answer Indivi...