Chapter 8
Chapter 9
Chapter 10
Chapter 13
Chapter 14
100
The three main factors that contribute to fraudulent activity are depicted by this
What is the Fraud Triangle?
100
The method of estimating the amount of uncollectible accounts that best matches revenues to expenses and has an emphasis on the Income Statement
What is the Percentage-of-Sales method?
100
The allocation of the cost of a plant asset to expense over its useful life in a rational and systematic manner
What is Depreciation?
100
Corporation Management Government Regulations Additional Taxes
What are the disadvantages of the corporate form of business
100
The body that approves the issuance of dividends through a vote
What is Board of Directors?
200
Consists of all the related methods and measures adopted within an organization to safeguard assets, enhance reliability of accounting records, increase operating efficiency and ensure compliance with laws & regulations
What are Internal Controls?
200
The account you Debit when writing off an uncollectible account
What is Allowance for Doubtful Accounts account?
200
The cost of an asset less its salvage value
What is Depreciable Cost?
200
The total amount of cash and other assets paid in to the corporation by stockholders in exchange for capital stock
What is Paid-in-Capital
200
Retained Earnings Adequate Cash Board Declaration
What are the 3 things a corporation must have to pay a cash dividend
300
The account you credit when replenishing a petty cash fund
What is Cash
300
When a maker of a note pays in full the amount due on its maturity date.
What is a Honor of a Note?
300
The cost of an asset less its accumulated depreciation
What is Net Book Value
300
Net Income that a corporation retains for future use
What is Retained Earnings
300
Cash Stock Script Property
What are the four forms of dividends?
400
Which internal control principle rationale is that the work of one employee should provide a reliable basis for evaluating the work of another employee
What is "Segregation of Duties?"
400
The account you would Credit when accruing interest due to you from an outstanding Note
What is Interest Revenue?
400
The account you would credit if the cash proceeds from the disposal of an asset exceeded its Net Book Value
What is Gain from the Disposal of an Asset?
400
The account used when stockholders pay more for common stock than it's par or stated value
What is Paid-In-Capital In Excess of Par - Common Stock
400
The account you debit on the Declaration Date of a cash dividend
What is Cash Dividends?
500
The internal control principle that is violated when employers do not run background checks on employees
What is the Human Resources Controls principle
500
Financial ratio used to evaluate the liquidity of a company's AR
What is Accounts Receivable Turnover?
500
The account you Credit when recording annual amortization at the end of the year
What is the associated Intangible asset account directly.
500
The last account list in the Stockholder' equity section of a Balance Sheet
What is Treasury Stock
500
Account you Credit on the Record Date of a Cash Dividend?
What is None?
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