These notes are needed in order to disclose additional information about items that are reported or are not reported in the financial statements. You can see examples of the required financial statements (and the required notes) for a publicly traded U.S. corporation by searching the Internet ...
I. Financial statements are prepared.II. Adjusting entries are recorded.III. Nominal accounts are closed. A. I, II, III B. II, I, III C. III, II, I D. II, III, I 相关知识点: 试题来源: 解析 B 反馈 收藏
Almost all companies recognize the importance of innovation today.(5)But not many are able to integrate innovation into their business. A commentary in the Shanghai Daily points out that innovation doesn’t mean piles of documents. It is something more practical. (6)The article says many people...
The correct answers are: Auditors shall perform audit procedures to obtain sufficient appropriate evidence that all events occurring between the date of the financial statements and the date of the auditor's report that require adjustment of, or disclosure in, the financial statements have been identi...
15. When will the speakers' flight leave? A. In 15 minutes. B. In 20 minutes. C. In 30 minutes. 16. Who are the speakers going to visit? A. Their former classmates. B. The man's parents. C. The woman's parents. 17.How is the man feeling?
What is the "order" in which the liability and owner's equity accounts are listed? Chart Of Accounts: A chart of accounts is like an index or list of all accounts, usually prepared by an accountant. It facilitates the user in identifying the required account as the...
Generation Y and Grunt: The main idea here is that there is a succession of different generations or cohorts of adults who come into the workforce in North America which are given different informal names to characterize them. First, “Baby boomers” were born in the great increase (the boom...
Different construction loan types are available to borrowers and are designed to suit various financial needs. Construction-to-permanent loan With a construction-to-permanent loan, once the house is complete and you move in, the loan morphs into a traditional mortgage. Typically, you can choose yo...
The statement of retained earnings is a financial statement that corporations prepare detailing changes in the volume of retained earnings over a certain period. Retained earnings are profits a company holds in reserve in order to invest in future projects rather than distribute as dividends to shareh...
In this case, steps can be taken to prevent that outcome. It will look at reasonable withdrawal rates in retirement from your portfolio assets. Additionally, if you are married or in a long-term partnership, the plan will consider survivorship issues and financial scenarios for the surviving par...