
Financial Accounting exam questions and answers

-
- the basic accounting principles and guidelines such as the cost principle, matching principle, full disclosure, etc.,
- the detailed standards and other rules issued by the Financial Accounting Standards Board (FASB) and its predecessor the Accounting Principles Board, and
- generally accepted industry practices.
GAAP must be adhered to when a company distributes its financial statements outside of the company. If a corporation's stock is publicly traded, the financial statements must also adhere to rules established by the U.S. Securities and Exchange Commission (SEC). This includes having its financial statements audited by an independent CPA firm.
Studies show that exam questions are a great way to learn and retain important information. Gain access to our 1, 700 accounting exam questions (and answers) when you upgrade to PRO.
YOU MIGHT ALSO LIKE
![Free [PDF] Downlaod Financial Accounting Exam Questions](/img/video/free_pdf_downlaod_financial_accounting_exam.jpg)
Free [PDF] Downlaod Financial Accounting Exam Questions ...

Top 9 accounting manager interview questions and answers

Download Financial Accounting Exam Questions and ...
Share this Post
Related posts
Financial Accounting Test questions
SEPTEMBER 27, 2023
Here is a free basic accounting test to check your understanding of the section on the basic accounting concepts. This quiz…
Read MoreFinancial Accounting 1 Past Exam Papers
SEPTEMBER 27, 2023
Resources you will find useful when you re studying for the ACA exams. Study resources Select the relevant module below to…
Read More