August Catch Up

Froggy Jumps

Parties jouées 5 %Précision 74 Temps moyen 02:03

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Accounting Coach

Créé par

Kimberly Jane

Philippines

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1	casdasd 24 Août 2026	% 100	02:55
2	Kimberly Jane 25 Août 2026	% 86	01:43
3	kljdaskd 26 Août 2026	% 20	01:12

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August Catch Up


Froggy Jumps August Catch UpVersion en ligne Accounting Coach par Kimberly Jane 1 When terms are 2/10, n/30, the seller is allowing a 2% _________ if the invoice is paid within 10 days. a allowance b receivables c discount 2 Vendor invoices for repairs and maintenance are likely debited to this type of account. a Purchase b Expense c Receivables 3 BONUS QUESTION: Who named the Pacific Ocean? a Christopher Columbus b Ferdinand Magellan c Lapu Lapu 4 There will be no freight-in on goods purchased FOB ______________. a shipping b periodic c destination 5 Depreciation is an __________ process not a valuation process. a allocation b accelerated c accumulated 6 BONUS QUESTION: There are 128 elements in the periodic table. a True b False c Maybe 7 FIFO and LIFO are examples of cost flow __________. a perpetual b assumptions c turnover 8 BONUS QUESTION: What is meteorology the study of? a Planets b Meteors c Weather 9 When sales terms are FOB ______ title passes at the buyer's location. a liabilities b manufacturer c destination 10 The type of general ledger account associated with an accrued expense. a Liabilities b Expense c Accrued Account 11 BONUS QUESTION: What animal can be seen in the Porsche logo? a Jaguar b Cheetah c Horse 12 Under this inventory system, the balance in the inventory account changes with each sale. a Destination b Perpetual c Assumptions 13 This type of depreciation results in more depreciation in an asset’s earlier years and less in its later years. a Accrued b Accumulated c Accelerated 14 BONUS QUESTION: Diamond is the hardest natural substance on Earth. a True b False c Maybe 15 Depreciation achieves this principle. a Matching b Patching c Hatching 16 Factoring is the sale of accounts receivable. a True b False c Maybe 17 BONUS QUESTION: What does "USB" stand for? a Universal Serial Bus b Universal Storage Base c Universal System Bridge 18 PO is the abbreviation for Prepaid Order. a True b False c Maybe 19 The "T" in the T&E expenses stands for "Three". a True b False c Maybe 20 BONUS QUESTION: Around 50,000 scents can a human nose remember. a True b False c Maybe 21 Goods enroute from the seller to the buyer are said to be in transit. a True b False c Maybe 22 Salvage is an estimated value used in computing depreciation. a True b False c Maybe 23 BONUS QUESTION: How many rings are on the Olympic flag? a 3 b 4 c 5 24 Another name for book value is _____ value. a Market b Carrying c Selling 25 Inventory is often reported at the higher of cost or net realizable value. a True b False c Maybe 26 BONUS QUESTION: What is the boiling point of water in celcius? a 75 b 100 c 125 27 A buyer's payable is its vendor's ________. a Expense b Revenue c Receivable 28 Bad _____Expense is also referred to as an Uncollectible Account Expense a Credit b Debt c Cash 29 An _________ invoice is one that has not yet been paid. a Paid b Cancelled c Open 30 BONUS QUESTION: What does "Hakuna Matata" mean? a Life is beautiful b Follow your dreams c No worries 31 This inventory cost flow assumption will result in lower profits when there is inflation in the cost of the inventory items. a FIFO b Weighted Average c LIFO 32 An asset with a useful life of twenty years has a straight-line depreciation rate of percent. a 2% b 5% c 10%

August Catch Up

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Froggy Jumps

August Catch UpVersion en ligne

par Kimberly Jane

When terms are 2/10, n/30, the seller is allowing a 2% _________ if the invoice is paid within 10 days.

Vendor invoices for repairs and maintenance are likely debited to this type of account.

BONUS QUESTION: Who named the Pacific Ocean?

There will be no freight-in on goods purchased FOB ______________.

Depreciation is an __________ process not a valuation process.

BONUS QUESTION: There are 128 elements in the periodic table.

FIFO and LIFO are examples of cost flow __________.

BONUS QUESTION: What is meteorology the study of?

When sales terms are FOB ______ title passes at the buyer's location.

The type of general ledger account associated with an accrued expense.

BONUS QUESTION: What animal can be seen in the Porsche logo?

Under this inventory system, the balance in the inventory account changes with each sale.

This type of depreciation results in more depreciation in an asset’s earlier years and less in its later years.

BONUS QUESTION: Diamond is the hardest natural substance on Earth.

Depreciation achieves this principle.

Factoring is the sale of accounts receivable.

BONUS QUESTION: What does "USB" stand for?

PO is the abbreviation for Prepaid Order.

The "T" in the T&E expenses stands for "Three".

BONUS QUESTION: Around 50,000 scents can a human nose remember.

Goods enroute from the seller to the buyer are said to be in transit.

Salvage is an estimated value used in computing depreciation.

BONUS QUESTION: How many rings are on the Olympic flag?

Another name for book value is _____ value.

Inventory is often reported at the higher of cost or net realizable value.

BONUS QUESTION: What is the boiling point of water in celcius?

A buyer's payable is its vendor's ________.

Bad _____Expense is also referred to as an Uncollectible Account Expense

An _________ invoice is one that has not yet been paid.

BONUS QUESTION: What does "Hakuna Matata" mean?

This inventory cost flow assumption will result in lower profits when there is inflation in the cost of the inventory items.

An asset with a useful life of twenty years has a straight-line depreciation rate of percent.