Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

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Multiple Choice

Which of the following financial institutions typically provides loans to prospective home buyers?

Commercial banks

Credit rating agencies

Investment banks

Stock exchanges

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Understand the role of each financial institution listed in the options. For example, commercial banks are known for providing loans, including mortgages, to individuals and businesses.

Review the function of credit rating agencies. These agencies assess the creditworthiness of entities but do not provide loans directly.

Examine the role of investment banks. Investment banks primarily assist with large-scale financial transactions, such as mergers, acquisitions, and securities issuance, rather than providing personal loans.

Consider the function of stock exchanges. Stock exchanges facilitate the buying and selling of securities but do not engage in lending activities.

Conclude that commercial banks are the financial institutions that typically provide loans to prospective home buyers, as they specialize in offering mortgage loans and other personal financing options.