Which of the Following Is NOT a Work-Related Behaviour

question 44

Multiple Choice

Which of the following is NOT a work-related behaviour?

• A)Competencies
• B)Absenteeism
• C)Joining the organization
• D)Showing up for work at scheduled times
• E)Performing required tasks

Determine the appropriate accounting treatment for downward and upward adjustments in the value of investments.

Recognize the accounting treatments for gains and losses under the equity method.

Calculate and understand the treatment of goodwill and other intangible assets in equity method investments.

Understand the recognition and measurement of deferred intra-entity gross profit.

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Definitions:

Reconciliation

The process of ensuring that two sets of records (usually the balances of two accounts) are in agreement.

Direct Method

The Direct Method in accounting is a way to present the cash flow statement, showing actual cash receipts and payments, directly reporting major classes of gross cash receipts and payments.

Accrual Accounts

Accounts that record revenues and expenses when they are earned or incurred, not necessarily when cash is received or paid.

Accrual Accounting

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when cash transactions occur.