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MAAAATT DAAAAMON

MOMS BE TRIPPIN', YO
HERPIN AND DERPIN
Category
HEAVENLY BLESSED BEAUTY
100
The development of accounting standards is influenced by all of the following factors, except: a. The influence of various tax laws on the financial reporting process b. Inconsistencies in practice c. International differences among countries in setting international accounting standards d. Chuck Norris
Chuck Norris
100
In what year was the SEC established?
1934
100
The SEC has delegated the major responsibility for accounting standard setting to the _____
FASB
100
The SEC has studied the approach by which accounting standards are established in response to_____, which sought to improve the U.S. system of financial reporting.
SOX
100
Which came first, FASB or GASB?
FASB
200
The OCA is divided into three groups by all of the following factors, except: a. Accounting to develop accounting and disclosure requirements for domestic private companies b. International Affairs to develop international auditing and regulatory policies c. Personal Practice to develop assurance services
c. Personal Practice to develop assurance services
200
Before 1973, the ___set standards for both the private and public sectors.
AICPA
200
The ____ recommends a more consistent and efficient system of principles-based or objective-oriented standards with guidance for operational sufficiency.
SEC
200
How many members are on the FASB board?
7
200
GAAP performs two major functions: name one of them
Measurement or Disclosure
300
SFAC No.3 was superseded by: a. SFAC No.6 b. SFAC No.1 c. SFAC No.2 d. SFAC No.5
a. SFAC No.6
300
What does CASB stand for? a. Canadian Accounting Standards Board b. Cost Accounting Standards Board c. Chinese Accounting Standards Board d. Chartered Accounting Standards Board
b. Cost Accounting Standards Board
300
The term____ is often used to describe the profession’s concern as to the number and complexity of accounting rules and required disclosures and the difficulty of finding all the accounting rules on any given subject. a. Standards overload b. Standards extravaganza c. Smorgasbord of standards d. Standards Advisory Council
a. Standards overload
300
The help practitioners and their clients implement the provisions of FASB Standards, the FASB staff has periodically issued ______ to provide timely guidance on implementation issues. a. Technical Bulletins b. Statement of Financial Accounting Concepts c. Discussion Memos d. Exposure Drafts
a. Technical Bulletins
300
Give a example of “law of unintended consequences”
Anything I decide is correct
400
What is the name of the presentation medium that we just used?
Prezi
400
Tell me the quadratic formula
(-b+- sqrt(b^2 -4ac))/2a
400
What's the role of the GASB?
To set financial accounting and reporting standards for state and local government accounting.
400
Who are the principal professional members of the American Institute of Certified Public Accountants (AICPA)? a. Certified Public accountants b. Financial analysts and chartered financial analysts c. Corporate financial executives d. Internal auditors and certified internal auditors
a. CPAs
400
What is an above-the-line deduction?
In the United States, an above-the-line deduction is a term used to describe those deductions which the Internal Revenue Service allows a taxpayer to subtract from his or her gross income.
500
What day and year does the Mayan calendar end?
December 21st, 2012
500
What is the capital of Uzbekistan?
Tashkent
500
What's the best selling single model tire being sold in the United States today?
The Michelin XGV
500
What is the derivative of 5.5 Million?
0
500
⌠ ⌡(cos(x)sin^(5)x)dx is equal to what?
(sin^(6)x)/6 + C