Introduction To Accounting Final Financial Multiple Choice

blank endorsement – the handwritten signature of the payee on the back of the check
The requirement to report accounting information at regular intervals is known as the: – time-period concept
The time period principle – Requires the definition and use the same period of time for the accounting period.
intraperiod tax allocation – companies report irregular items (except for unusual gains and losses) on the income statement or statement of retained earnings net of tax
intangible assets with a definite life decrease over the time the asset is used – …
Investing – Getting equipment. Assets
What is the name of the Cisco's initial proprietary first-hop redundancy protocol?
Maturity Date. – The date on which payment is due on a promissory note.
board of directors – a group of persons elected by the stockholders to manage a corporation
Opening an account – Writing an account title and number on the heading of an account
sales – Received $798 for services: credit __________
accounting period concept – concept that income determination can be made on a periodic basis
journal – a record of the transaction of a business
Whаt is the nаme оf the Ciscо's initiаl prоprietary first-hop redundancy protocol?
special endorsement – An endorsement indicating a new owner of a check
FICA – Federal insurance contribution act, includes social security (6.5) & Medicare (1.5), paid by employee & employer

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