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multiple choice1the funds flow statement includedaall sources and uses of resourcesbonly cash transactionsconly
multiple choice1which of the following is not a true statementathe cash flow statement superceded the previously
truefalse1the balancing item in the statement of changes in financial statement was the change in the fund balance
truefalse1the statement of cash flows superseded the previously required sources and uses of funds statement2in the
1nbspcontrast the current operating and the all-inclusive concepts of income and identify arguments used in supporting
1 discuss the effect if any of each of the following should have on the recognition of future eventsa the probabilistic
1 a when is revenue generally recognized and what are three other alternative points in time for recognizing revenueb
multiple choice1the current operating school of thought holds thataall components of comprehensive income should be in
the happy pappy puppy company has compiled the following data for adding a new line of pets to their stores the chief
two mutually exclusive investment opportunities require an initial investment of 5 million investment a then
please help me out with these questions 1 what is the macaulay duration of a 54 percent coupon bond with nine years to
cathfoods will release a new range of candies which contain antioxidants new equipment to manufacture the candy will
mr alex has 1500000 in his retirement savings account he wishes to withdraw the funds for next 12 years the account
2 common stock valuation assume the following the investors required rate of return is 125 the expected level of
multiple choice1 which of the following best describes ldquocomprehensive incomerdquoa comprehensive income is the
1recognition of a past event is sometimes governed by whether a ldquoone-event viewrdquo or a ldquotwo-event viewrdquo
truefalse1the current operating approach has led to the concept of comprehensive income2comprehensive income is the
1identify and define the five types of liabilities2how should stock dividends be measured and accounted fornbsp is this
essay questions1a what is meant by the ldquoarticulatedrdquo approach to financial statementsb how does the
multiple choice1which one of the following types of liabilities is not currently recognized on balance sheetsadeferred
multiple choice1which of the following is a true statementaunder the articulated concept accounting elements are
truefalse1inventory is carried at the lower of historical cost or replacement costans t2in sfas no 121 both the
truefalse1if the balance sheet and income statement are non-articulated they are linked together mathematically without
1distinguish between finite uniformity rigid uniformity and flexibilitynbsp also explain when each is appropriately
essay questions1 how does the concept of uniformity relate to comparability in the accounting literature2what is meant