Accounting Terminology – NBC Institute

FA – May 2014 – L1 – SA – Q14 – Accounts of Not-for-Profit Entities

This question tests knowledge of terminology used in non-profit accounting when expenditure exceeds income.

Question

In a not-for-profit organisation, the excess of expenditure over income is known as ………………………

Answer

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Tags: Accounting Terminology, Financial Statements, Non-Profit Organizations
Level: Level 1

Topic: Accounts of Not-for-Profit Entities
Series: MAY 2014

FA – May 2014 – L1 – SA – Q12 – Partnership Account

This question tests knowledge of the term used when multiple partnerships combine to form a new partnership.

Question

The process where two or more Partnerships combine to form a new Partnership is known as…………………

Answer

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Tags: Accounting Terminology, Business Combinations, Partnership
Level: Level 1

Topic: Partnership Accounts (Including Profit Sharing, Capital and Current Accounts)
Series: MAY 2014

FA – May 2014 – L1 – SA – Q10 – Accounting Concepts

This question tests knowledge of the account used to record business acquisition from the buyer's perspective.

Question

Realisation Account is to the vendor of a business, as………………..is to the business buyer or acquirer.

Answer

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Tags: Accounting Terminology, Business Acquisition, Financial Statements
Level: Level 1

Topic: Accounting Concepts
Series: MAY 2014

FA – May 2014 – L1 – SA – Q14 – Accounts of Not-for-Profit Entities

This question tests knowledge of terminology used in non-profit accounting when expenditure exceeds income.

Question

In a not-for-profit organisation, the excess of expenditure over income is known as ………………………

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Terminology, Financial Statements, Non-Profit Organizations
Level: Level 1

Topic: Accounts of Not-for-Profit Entities
Series: MAY 2014

FA – May 2014 – L1 – SA – Q12 – Partnership Account

This question tests knowledge of the term used when multiple partnerships combine to form a new partnership.

Question

The process where two or more Partnerships combine to form a new Partnership is known as…………………

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Terminology, Business Combinations, Partnership
Level: Level 1

Topic: Partnership Accounts (Including Profit Sharing, Capital and Current Accounts)
Series: MAY 2014

FA – May 2014 – L1 – SA – Q10 – Accounting Concepts

This question tests knowledge of the account used to record business acquisition from the buyer's perspective.

Question

Realisation Account is to the vendor of a business, as………………..is to the business buyer or acquirer.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accounting Terminology, Business Acquisition, Financial Statements
Level: Level 1

Topic: Accounting Concepts
Series: MAY 2014

Question Tag: Accounting Terminology

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FA – May 2014 – L1 – SA – Q14 – Accounts of Not-for-Profit Entities

This question tests knowledge of terminology used in non-profit accounting when expenditure exceeds income.

FA – May 2014 – L1 – SA – Q12 – Partnership Account

This question tests knowledge of the term used when multiple partnerships combine to form a new partnership.

FA – May 2014 – L1 – SA – Q10 – Accounting Concepts

This question tests knowledge of the account used to record business acquisition from the buyer's perspective.

FA – May 2014 – L1 – SA – Q14 – Accounts of Not-for-Profit Entities

This question tests knowledge of terminology used in non-profit accounting when expenditure exceeds income.

FA – May 2014 – L1 – SA – Q12 – Partnership Account

This question tests knowledge of the term used when multiple partnerships combine to form a new partnership.

FA – May 2014 – L1 – SA – Q10 – Accounting Concepts

This question tests knowledge of the account used to record business acquisition from the buyer's perspective.

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Question Tag: Accounting Terminology

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FA – May 2014 – L1 – SA – Q14 – Accounts of Not-for-Profit Entities

This question tests knowledge of terminology used in non-profit accounting when expenditure exceeds income.

You're reporting an error for "FA – May 2014 – L1 – SA – Q14 – Accounts of Not-for-Profit Entities"

FA – May 2014 – L1 – SA – Q12 – Partnership Account

This question tests knowledge of the term used when multiple partnerships combine to form a new partnership.

You're reporting an error for "FA – May 2014 – L1 – SA – Q12 – Partnership Account"

FA – May 2014 – L1 – SA – Q10 – Accounting Concepts

This question tests knowledge of the account used to record business acquisition from the buyer's perspective.

You're reporting an error for "FA – May 2014 – L1 – SA – Q10 – Accounting Concepts"

FA – May 2014 – L1 – SA – Q14 – Accounts of Not-for-Profit Entities

This question tests knowledge of terminology used in non-profit accounting when expenditure exceeds income.

You're reporting an error for "FA – May 2014 – L1 – SA – Q14 – Accounts of Not-for-Profit Entities"

FA – May 2014 – L1 – SA – Q12 – Partnership Account

This question tests knowledge of the term used when multiple partnerships combine to form a new partnership.

You're reporting an error for "FA – May 2014 – L1 – SA – Q12 – Partnership Account"

FA – May 2014 – L1 – SA – Q10 – Accounting Concepts

This question tests knowledge of the account used to record business acquisition from the buyer's perspective.

You're reporting an error for "FA – May 2014 – L1 – SA – Q10 – Accounting Concepts"

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