QUIZ CHAP 8 AND 9
1. Of the following items, the one that should be classified as a current asset is
a. Trade installment receivables normally collectible in 18 months
b. Cash designated for the redemption of callable preferred st
Ex. 1.Accounting conceptsidentification.
State the accounting assumption, principle, information characteristic, or constraint that is most
applicable in the following cases.
1. All payments less than $25 are expensed as incurred. (D
ACCA 315 FALL 2016
FINAL ASSIGNMENT (DUE BEFORE THE FINAL EXAMS)
Answer the following questions adequately, citing FASB rules wherever necessary. Answers
should be neatly typed.
1. Briefly describe some of the similarities and differences between U.S. GAA
Look Beyond Accountants
NOVEMBER 16, 2015
BY DANIEL HOOD
With qualified accountants of all levels of experience hard to come by these days, some firms are starting
to wonder if they should look beyond the profession for staff.
Many positions at accounting