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ACA – Assurance Exam Questions and Answers 100% Pass
ACA – Assurance Exam Questions and Answers 100% Pass What are the five elements of an assurnace engagement? - Answer- Criteria, Report, Evidence, Subject matter, Thrid Patry Relationship Who is a practitioner? - Answer- The person or party carrying out the assurance engagement. What are the two types of assurnace engagement identified under the international framework for assurnace engagement? - Answer- 1. Resaonable Assurance 2. Limited Assurance What constitues a reasonable assuranc...
- Exam (elaborations)
- • 23 pages •
ACA – Assurance Exam Questions and Answers 100% Pass What are the five elements of an assurnace engagement? - Answer- Criteria, Report, Evidence, Subject matter, Thrid Patry Relationship Who is a practitioner? - Answer- The person or party carrying out the assurance engagement. What are the two types of assurnace engagement identified under the international framework for assurnace engagement? - Answer- 1. Resaonable Assurance 2. Limited Assurance What constitues a reasonable assuranc...
ACA Accounting Exam Questions and Answers 100% Verified and Updated
ACA Accounting Exam Questions and Answers 100% Verified and Updated Which of the following would require adjustments to the cash at cash account in a bank reconciliation? 1. Bank charges 2. Unpresented cheques 3. Returned cheques 4. Uncleared lodgements Bank charges and returned cheques Unpresented cheques and uncleared lodgements are just timing differences What is the double entry for VAT (purchases)? D/R Purchases (Net) D/R VAT C/R Trade Payables (Gross) What is the double entry...
- Exam (elaborations)
- • 34 pages •
ACA Accounting Exam Questions and Answers 100% Verified and Updated Which of the following would require adjustments to the cash at cash account in a bank reconciliation? 1. Bank charges 2. Unpresented cheques 3. Returned cheques 4. Uncleared lodgements Bank charges and returned cheques Unpresented cheques and uncleared lodgements are just timing differences What is the double entry for VAT (purchases)? D/R Purchases (Net) D/R VAT C/R Trade Payables (Gross) What is the double entry...
ACA Final Exam Questions and Answers 100% Pass
ACA Final Exam Questions and Answers 100% Pass At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above - Answer- All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write policies ...
- Exam (elaborations)
- • 18 pages •
ACA Final Exam Questions and Answers 100% Pass At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Services website at All of the above - Answer- All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write policies ...
ACA [ICAEW] – ACCOUNTING EXAM QUESTIONS AND ANSWERS
ACA [ICAEW] – ACCOUNTING EXAM QUESTIONS AND ANSWERS Books of Original Entry - Answer- 1. Cash Book 2. Sales Day Book (Credit Sales) 3. Purchases Day Book (Credit Purchases) 4. Petty Cash Book 5. Journal Book 6. The Payroll Statement of Financial Position - Answer- SOFP - Snapshot of assets controlled, liabilities owned and capital at a point in time Statement of Profit and Loss - Answer- Income and expenses over a period of time The Business entity concept - Answer- Business transac...
- Exam (elaborations)
- • 8 pages •
ACA [ICAEW] – ACCOUNTING EXAM QUESTIONS AND ANSWERS Books of Original Entry - Answer- 1. Cash Book 2. Sales Day Book (Credit Sales) 3. Purchases Day Book (Credit Purchases) 4. Petty Cash Book 5. Journal Book 6. The Payroll Statement of Financial Position - Answer- SOFP - Snapshot of assets controlled, liabilities owned and capital at a point in time Statement of Profit and Loss - Answer- Income and expenses over a period of time The Business entity concept - Answer- Business transac...
ICAEW ACA Accounting Exam Questions and Answers 100% Pass
ICAEW ACA Accounting Exam Questions and Answers 100% Pass Accounting - Answer- A way of recording, analysing and summarising transactions of an entity. Statement of Profit and Loss - Answer- It reflects the performance of a business over a period of time. Statement of Financial Position - Answer- It reflects the position of a business at a point in time. Users of Accounting - Answer- Any organisation/business/individual who needs to keep track of their income, expenses, assets and liabi...
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- Exam (elaborations)
- • 10 pages •
ICAEW ACA Accounting Exam Questions and Answers 100% Pass Accounting - Answer- A way of recording, analysing and summarising transactions of an entity. Statement of Profit and Loss - Answer- It reflects the performance of a business over a period of time. Statement of Financial Position - Answer- It reflects the position of a business at a point in time. Users of Accounting - Answer- Any organisation/business/individual who needs to keep track of their income, expenses, assets and liabi...
Double Entries (ACA Accounting) Exam Questions and Answers 100% Pass
Double Entries (ACA Accounting) Exam Questions and Answers 100% Pass Purchases - Answer- Dr expenses Cr cash/payables Sales - Answer- Dr receivables Cr sales = income Sales return - Answer- Dr sales Cr receivables/cash Purchases return - Answer- Cr payables/cash Dr purchases Purchase expect discount -> not taken - Answer- 1. Dr purchases (% off) Cr payables (% off) 2. Dr payables (% off) Cr cash (total) Dr purchases (difference) Purchase no discounted expected -> discount...
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- Exam (elaborations)
- • 8 pages •
Double Entries (ACA Accounting) Exam Questions and Answers 100% Pass Purchases - Answer- Dr expenses Cr cash/payables Sales - Answer- Dr receivables Cr sales = income Sales return - Answer- Dr sales Cr receivables/cash Purchases return - Answer- Cr payables/cash Dr purchases Purchase expect discount -> not taken - Answer- 1. Dr purchases (% off) Cr payables (% off) 2. Dr payables (% off) Cr cash (total) Dr purchases (difference) Purchase no discounted expected -> discount...
ACA Assurance Exam Questions and Answers 100% Pass
ACA Assurance Exam Questions and Answers 100% Pass 5 key elements of audit - Answer- 1. 3 party involvement 2. subject matter (f/s) 3. suitable criteria (e.g. UK CGC) 4. evidence 5. written report ISA 200 - what are the objectives of auditors? - Answer- - obtain reasonable assurance f/s are free from material misstatement (fraud or error) - express opinion whether f/s prepared in accordance w/ financial reporting framework Exemption from statutory audit - Answer- - CA 2006 exempts smal...
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- Exam (elaborations)
- • 15 pages •
ACA Assurance Exam Questions and Answers 100% Pass 5 key elements of audit - Answer- 1. 3 party involvement 2. subject matter (f/s) 3. suitable criteria (e.g. UK CGC) 4. evidence 5. written report ISA 200 - what are the objectives of auditors? - Answer- - obtain reasonable assurance f/s are free from material misstatement (fraud or error) - express opinion whether f/s prepared in accordance w/ financial reporting framework Exemption from statutory audit - Answer- - CA 2006 exempts smal...
INSY-3303 FINAL EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS
the answers are incorrect
Product Owner/ Product Manager(POPM) SAFe Agile Exam Questions and Answers
CT DMV Knowledge Test 100% Correct Solved
Fiscal Law Final Exam QUESTIONS AND ANSWERS RATED A+ 2023|2024 UPDATE
NH Real Estate Exam Questions and Answers 100% Correct Score