
BABAK SEMIFINAL PACE AND PROPER - SMA
Authored by Panitia ASEC - SMA
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25 questions
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1.
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1 min • 1 pt
The inventory costing method is based on the assumption that cost must be charged to revenue in the order in which costs are incurred … method
2.
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1 min • 1 pt
The basic equations of accounting are Assets = Liabilities + Equity. If we want to find debt using the equation becomes Liabilities = ..... - .....
3.
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1 min • 1 pt
If inventories are valued at steadily increasing cost and price levels, the cost method that will yield the highest net profit is … method
4.
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1 min • 1 pt
The basist for imposing the amount of tax that must be paid by the tax subject to the tax object that is his responsibility is called …
5.
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1 min • 1 pt
The ratio between current assets and current liabilites is...
6.
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1 min • 1 pt
In recording losses on receivables using the reserve method, if there is a definitive write-off of receivables, the journal made is debit allowance for losses on receivables and credit for …
7.
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1 min • 1 pt
The purpose of short term investment in shares is to gain profits in the stock and the most likely is in the stock...
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