Study guides, Class notes & Summaries

NOTE : All Chapters Available via Email Only At : Intermediate Accounting, Vol. 2, 5e (Lo/Fisher) Chapter 11 Current Liabilities and Contingencies Learning Objective 1 1) Which of the following characteristic is required for a liability under IFRS Framework? A) A past obligation. B) A present obligation. C) An unknown obligation. D) A future obligation. Answer: B Diff: 1 Type: MC Skill: Concept Objective: 11.1 Describe the nature of liabilities and differentiate between financial an...

Business 101 Terms Questions And Correct Answers. Business 101 Terms Questions And Correct Answers. Business 101 Terms Questions And Correct Answers.

Business 101 Exam #1 Questions with Complete Solution. Business 101 Exam #1 Questions with Complete Solution.

Lean portfolio management - ANSWER- Aligns strategy/business and execution by applying lean and systems thinking Lean budget and guard rails - ANSWER- Funding governance practices increase development throughput while maintaining financial and fitness for use governance (support budgets) Team and technical agility core competency (core comps?) - ANSWERHas built in quality (which means?) - Implementation roadmap: what do you do after training leads - ANSWER- ID value streams and ARTs Im...

Introduction to Business Final Exam - Questions and Answers What are the 3 major indicators of economic conditions? 1) GDP 2) Unemployment Rate 3) Price Indexes The total value of final goods and services produced in a country in a given year. Gross Domestic Product (GDP) The number of civilians at least 16 years old who are unemployed and tried to find a job within the prior 4 weeks. Unemployment Rate A general rise in the prices of goods and services over time. Inflation A situation in which...

Apply for a search warrant <<ANSWER : You notice an unrelated vehicle in the drive way while serving a search warrant, you should...? The Race of the Person <<ANSWER : Contents of a citation must include information except for... you do not have to search a vehicle incident to arrest with a k9 <<ANSWER : concerning rule for search incident to arrest of a vehicle bicycle <<ANSWER : A non motorized vehicle Public Vehicular Area (PVA) <<ANSWER : The Are Used by ...

1. Quorum requirements conflicts are resolved by: a. state statute. b. the board of directors. c. a vote of those present at a meeting. d. appointment of a person as a proxy. - ANSWER>>A 2. Fidelity insurance provides coverage to ensure that the: a. board will meet its fiduciary obligations. b. manager will faithfully follow all document provisions. c. deductible in the association's insurance policies is reimbursed. d. association will be covered for shortfalls in the reserve ac...

B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. - ANSWER-Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. D. Subpoenaed. Any written claims communication may be subpoenaed. - ANSWER-As methods of communication evolve, it's important for c...

What to do when payers are used outside of the state? - ANSWER An authentication is usaually required, merely a declaration by the clerk of common pleas court that a notary is properly commissioned under law at the time of notarizing the instrument. What to do if name is changed? - ANSWER If by marriage or by other choice a notary may change his or her name, he may use the new name, but must indicate the name in which the commission was issued in parenthesis after it. How should John T. Do...

TESTED AND CONFIRMED A+ ANSWERS involves identifying, recording, and communicating the operational results and status of organization (as opposed to a subunit) - Financial accounting A financial conveys a business's financial accounting information - statement The four most important financial statements are......1. Income statement 2. Statement of changes in equity 3. Balance sheet 4. Statement of cash flows The requirement to provide financial accounting information is driven by the ne...

1. All of the following are part of the USGBC's policy regarding the use of their officially registered logo, except: A.The logo is provided by the USGBC B.The logo may only refer to a USGBC program or product C.The logo signifies endorsement by the USGBC D. All uses of the logo must include a trademark, except when repeated logos in the same document E. The USGBC logo is less prominent in a document than the logo of the user: correct answer- C. The logo signifies endorsement by the US...