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fabm1

fabm1
17問 • 2年前
  • Balbuena_ Ricka_Nhicole
    • 通報

    問題一覧

  • 1

    concepts

    ideas

  • 2

    principles

    basic rules

  • 3

    3 fundamental concepts

    business entity concept time period concept going concern

  • 4

    regards the business enterprise a separate and distinct from its owners or investor

    business entity concept

  • 5

    financial statements are to be divided into specific time intervals

    time period concept

  • 6

    a business is expected to continue indefinitely

    going concern

  • 7

    are amount stated into a single monetary unit the business financial transactions recorded and reported should be in the blank such as philippine pesos us dollar euro etc

    monetary unit principle

  • 8

    all business resources acquired should be valued and recorded based on the actual cash equivalent or original cost of acquisition not the prevailing market value or future value

    historical cost

  • 9

    cost should match with the revenue generated this principle requires that revenue recorded in a given accounting period should have an equivalent expense recorded in order to show the true profit of the business

    matching principle

  • 10

    this principle entails a business to complete the whole accounting process of specific operating time period. maybe monthly quarterly or annually

    accounting period

  • 11

    states that companies should use to sim accounting treatment for similar events and transaction over time

    consistency principle

  • 12

    means that financial reporting is only concerned with information significant enough to affect decisions

    materiality principle

  • 13

    all business attractions that will be entered in the accounting records must be julie supported by verified evidence more relevant and reliable

    objectivity principles

  • 14

    income should be recognized at the time it is earned such as when goods are delivered or when service has been render and not when the business receive the payment

    revenue recognition principle

  • 15

    expenses should be recognized at the time it is incurred such as when goods and services are actually used and not at the time when the entity pays for those goods and services

    accrual accounting principle

  • 16

    states that all material facts that will significantly affects the financial statement must be indicated

    adequate disclosure

  • 17

    in situation where there are two possibilities choose the one that will have the least favorable effect on the financial statement

    conservatism principle/prudence

    • per devt 1

    per devt 1

    Balbuena_ Ricka_Nhicole · 32問 · 2年前

    per devt 1

    per devt 1

    32問 • 2年前
    Balbuena_ Ricka_Nhicole

    Oral Communication 1

    Oral Communication 1

    Balbuena_ Ricka_Nhicole · 36問 · 2年前

    Oral Communication 1

    Oral Communication 1

    36問 • 2年前
    Balbuena_ Ricka_Nhicole

    EARTH & LIFE SCIENCE 1

    EARTH & LIFE SCIENCE 1

    Balbuena_ Ricka_Nhicole · 62問 · 2年前

    EARTH & LIFE SCIENCE 1

    EARTH & LIFE SCIENCE 1

    62問 • 2年前
    Balbuena_ Ricka_Nhicole

    organization Management 1

    organization Management 1

    Balbuena_ Ricka_Nhicole · 45問 · 2年前

    organization Management 1

    organization Management 1

    45問 • 2年前
    Balbuena_ Ricka_Nhicole

    komunikasyon

    komunikasyon

    Balbuena_ Ricka_Nhicole · 18問 · 2年前

    komunikasyon

    komunikasyon

    18問 • 2年前
    Balbuena_ Ricka_Nhicole

    eapp 2

    eapp 2

    Balbuena_ Ricka_Nhicole · 18問 · 2年前

    eapp 2

    eapp 2

    18問 • 2年前
    Balbuena_ Ricka_Nhicole

    pe 2

    pe 2

    Balbuena_ Ricka_Nhicole · 9問 · 2年前

    pe 2

    pe 2

    9問 • 2年前
    Balbuena_ Ricka_Nhicole

    eapp 2

    eapp 2

    Balbuena_ Ricka_Nhicole · 32問 · 2年前

    eapp 2

    eapp 2

    32問 • 2年前
    Balbuena_ Ricka_Nhicole

    per devt

    per devt

    Balbuena_ Ricka_Nhicole · 19問 · 2年前

    per devt

    per devt

    19問 • 2年前
    Balbuena_ Ricka_Nhicole

    Oral com2

    Oral com2

    Balbuena_ Ricka_Nhicole · 27問 · 2年前

    Oral com2

    Oral com2

    27問 • 2年前
    Balbuena_ Ricka_Nhicole

    21st

    21st

    Balbuena_ Ricka_Nhicole · 21問 · 2年前

    21st

    21st

    21問 • 2年前
    Balbuena_ Ricka_Nhicole

    PR1

    PR1

    Balbuena_ Ricka_Nhicole · 28問 · 2年前

    PR1

    PR1

    28問 • 2年前
    Balbuena_ Ricka_Nhicole

    pagbasa

    pagbasa

    Balbuena_ Ricka_Nhicole · 20問 · 2年前

    pagbasa

    pagbasa

    20問 • 2年前
    Balbuena_ Ricka_Nhicole

    reading & writing skills1

    reading & writing skills1

    Balbuena_ Ricka_Nhicole · 29問 · 2年前

    reading & writing skills1

    reading & writing skills1

    29問 • 2年前
    Balbuena_ Ricka_Nhicole

    21st Quiz#2

    21st Quiz#2

    Balbuena_ Ricka_Nhicole · 28問 · 2年前

    21st Quiz#2

    21st Quiz#2

    28問 • 2年前
    Balbuena_ Ricka_Nhicole

    principle of marketing 2

    principle of marketing 2

    Balbuena_ Ricka_Nhicole · 16問 · 2年前

    principle of marketing 2

    principle of marketing 2

    16問 • 2年前
    Balbuena_ Ricka_Nhicole

    principles of marketing 1

    principles of marketing 1

    Balbuena_ Ricka_Nhicole · 30問 · 2年前

    principles of marketing 1

    principles of marketing 1

    30問 • 2年前
    Balbuena_ Ricka_Nhicole

    PR1 (2)

    PR1 (2)

    Balbuena_ Ricka_Nhicole · 31問 · 2年前

    PR1 (2)

    PR1 (2)

    31問 • 2年前
    Balbuena_ Ricka_Nhicole

    pagbasa2

    pagbasa2

    Balbuena_ Ricka_Nhicole · 50問 · 2年前

    pagbasa2

    pagbasa2

    50問 • 2年前
    Balbuena_ Ricka_Nhicole

    reading & writing skills 2

    reading & writing skills 2

    Balbuena_ Ricka_Nhicole · 25問 · 2年前

    reading & writing skills 2

    reading & writing skills 2

    25問 • 2年前
    Balbuena_ Ricka_Nhicole

    21st quiz#3

    21st quiz#3

    Balbuena_ Ricka_Nhicole · 28問 · 2年前

    21st quiz#3

    21st quiz#3

    28問 • 2年前
    Balbuena_ Ricka_Nhicole

    science

    science

    Balbuena_ Ricka_Nhicole · 23問 · 2年前

    science

    science

    23問 • 2年前
    Balbuena_ Ricka_Nhicole

    pagbasa 4th 1

    pagbasa 4th 1

    Balbuena_ Ricka_Nhicole · 18問 · 1年前

    pagbasa 4th 1

    pagbasa 4th 1

    18問 • 1年前
    Balbuena_ Ricka_Nhicole

    FABM

    FABM

    Balbuena_ Ricka_Nhicole · 58問 · 1年前

    FABM

    FABM

    58問 • 1年前
    Balbuena_ Ricka_Nhicole

    UCSP

    UCSP

    Balbuena_ Ricka_Nhicole · 30問 · 1年前

    UCSP

    UCSP

    30問 • 1年前
    Balbuena_ Ricka_Nhicole

    C.A ADANA

    C.A ADANA

    Balbuena_ Ricka_Nhicole · 9問 · 1年前

    C.A ADANA

    C.A ADANA

    9問 • 1年前
    Balbuena_ Ricka_Nhicole

    C.A Remo

    C.A Remo

    Balbuena_ Ricka_Nhicole · 19問 · 1年前

    C.A Remo

    C.A Remo

    19問 • 1年前
    Balbuena_ Ricka_Nhicole

    P.E g12

    P.E g12

    Balbuena_ Ricka_Nhicole · 20問 · 1年前

    P.E g12

    P.E g12

    20問 • 1年前
    Balbuena_ Ricka_Nhicole

    UCSP g12

    UCSP g12

    Balbuena_ Ricka_Nhicole · 27問 · 1年前

    UCSP g12

    UCSP g12

    27問 • 1年前
    Balbuena_ Ricka_Nhicole

    UCSP 1

    UCSP 1

    Balbuena_ Ricka_Nhicole · 32問 · 1年前

    UCSP 1

    UCSP 1

    32問 • 1年前
    Balbuena_ Ricka_Nhicole

    philo

    philo

    Balbuena_ Ricka_Nhicole · 17問 · 1年前

    philo

    philo

    17問 • 1年前
    Balbuena_ Ricka_Nhicole

    m.i.l ADANA

    m.i.l ADANA

    Balbuena_ Ricka_Nhicole · 9問 · 1年前

    m.i.l ADANA

    m.i.l ADANA

    9問 • 1年前
    Balbuena_ Ricka_Nhicole

    CPAR

    CPAR

    Balbuena_ Ricka_Nhicole · 27問 · 1年前

    CPAR

    CPAR

    27問 • 1年前
    Balbuena_ Ricka_Nhicole

    UCSP (CSPI)

    UCSP (CSPI)

    Balbuena_ Ricka_Nhicole · 57問 · 1年前

    UCSP (CSPI)

    UCSP (CSPI)

    57問 • 1年前
    Balbuena_ Ricka_Nhicole

    m.i.l CHUA

    m.i.l CHUA

    Balbuena_ Ricka_Nhicole · 17問 · 1年前

    m.i.l CHUA

    m.i.l CHUA

    17問 • 1年前
    Balbuena_ Ricka_Nhicole

    UCSP (CSPI)

    UCSP (CSPI)

    Balbuena_ Ricka_Nhicole · 57問 · 1年前

    UCSP (CSPI)

    UCSP (CSPI)

    57問 • 1年前
    Balbuena_ Ricka_Nhicole

    FABM (IBT)

    FABM (IBT)

    Balbuena_ Ricka_Nhicole · 6問 · 1年前

    FABM (IBT)

    FABM (IBT)

    6問 • 1年前
    Balbuena_ Ricka_Nhicole

    問題一覧

  • 1

    concepts

    ideas

  • 2

    principles

    basic rules

  • 3

    3 fundamental concepts

    business entity concept time period concept going concern

  • 4

    regards the business enterprise a separate and distinct from its owners or investor

    business entity concept

  • 5

    financial statements are to be divided into specific time intervals

    time period concept

  • 6

    a business is expected to continue indefinitely

    going concern

  • 7

    are amount stated into a single monetary unit the business financial transactions recorded and reported should be in the blank such as philippine pesos us dollar euro etc

    monetary unit principle

  • 8

    all business resources acquired should be valued and recorded based on the actual cash equivalent or original cost of acquisition not the prevailing market value or future value

    historical cost

  • 9

    cost should match with the revenue generated this principle requires that revenue recorded in a given accounting period should have an equivalent expense recorded in order to show the true profit of the business

    matching principle

  • 10

    this principle entails a business to complete the whole accounting process of specific operating time period. maybe monthly quarterly or annually

    accounting period

  • 11

    states that companies should use to sim accounting treatment for similar events and transaction over time

    consistency principle

  • 12

    means that financial reporting is only concerned with information significant enough to affect decisions

    materiality principle

  • 13

    all business attractions that will be entered in the accounting records must be julie supported by verified evidence more relevant and reliable

    objectivity principles

  • 14

    income should be recognized at the time it is earned such as when goods are delivered or when service has been render and not when the business receive the payment

    revenue recognition principle

  • 15

    expenses should be recognized at the time it is incurred such as when goods and services are actually used and not at the time when the entity pays for those goods and services

    accrual accounting principle

  • 16

    states that all material facts that will significantly affects the financial statement must be indicated

    adequate disclosure

  • 17

    in situation where there are two possibilities choose the one that will have the least favorable effect on the financial statement

    conservatism principle/prudence