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COST ACCOUNTING 1

Authored by Carlos Esparza

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University

Used 2+ times

COST ACCOUNTING 1
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28 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Its objective is to establish the structure of the financial information standards and define the approach on which the conceptual and particular standards are issued.

NIF A-1
NIF A-2
NIF A-3
NIF A-4

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

is used in substitution of "Generally Accepted Accounting Principles

Financial information rules
NIF A-5
NIF A-3
NIF A-4

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

NIF A-1 is made up of paragraphs

1–64
1–65
1–66
1–67

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

technique used to record the operations that economically affect an entity and that systematically and structuredly produces financial information

Accounting
Management
NIF A-3
NIF A-1

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The NIFs are made up of ___________ large sections:

4
3
5
6

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

The NIFs large sections:

Conceptual Financial Reporting Standards or “Conceptual Framework”.
Particular Financial Reporting Standards or “particular NIF”;
Interpretations to the NIF
Guidance to the NIF

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

The Interpretations to the NIFS are intended to

clarify or expand topics already contemplated within some NIF
timely provide guidance on new problems detected in the financial information

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