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ACCY121 (DB225) Accounting for Decision Making
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How would you refer to financial statements prepared for a parent entity and all its subsidiaries?
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In a manufacturing company's statement of financial position, which of the following would be included as part of the asset inventories?
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Office furniture was purchased for $15 and its useful life is estimated to be 7 years. The residual value of the furniture is $1000. What is the annual depreciation amount?
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The accrual of annual leave and long-service leave for employees is classed as a(n) in the liabilities section of the statement of financial position.
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Accounting choices applied to the recognition and measurement of financial statement elements are referred to as accounting .
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What does the 'monetary concept' refer to?
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If total assets equal $295total liabilities are $165and total equity equals $130, then net assets equals:
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Which of the following is a limitation of an entity's statement of financial position?
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If an asset's carrying amount is greater than its recoverable amount, a(n) loss will need to be recognised immediately in the statement of profit or loss.
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Management accounting reports are prepared:
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