Accounting Exam Review Unit II

A machine that converts computer documents into paper documents

• laptop computer

• printer

• calculator

• desktop cumputer

a device that is only used for mathematical operations

• calculator

• flash drives

• printer

• copier

a purchase, sale or payment

• credit card slip

• transaction

• payroll

• times card

a document requesting payment for a purchase

• purchase invoice

• payroll master file

• accounting software

• time cards

The company follows both the FASB and the European body that sets accounting standards.

• GAAP

• FASB

• IASB

Accounting records must be the same across numerous samples

• GAAP

• disclosure

• consistent

a portable electronic device that performs various tasks

a device used to talk to people over long distances

a file containing employee’s salary information

documents from various financial transactions