Table of contents

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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

Useful Information

Financial Accounting

1. Introduction to Accounting

Useful Information

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Multiple Choice

A(n) _______ has the ability to analyze data, show trends, and make projections.

financial analyst

accounts payable clerk

bookkeeper

auditor

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Step 1: Understand the roles and responsibilities of each option provided in the question.

Step 2: Define 'financial analyst' as a professional who specializes in analyzing financial data, identifying trends, and making projections to assist in decision-making.

Step 3: Define 'accounts payable clerk' as someone responsible for managing and processing payments owed by a company to its suppliers or creditors.

Step 4: Define 'bookkeeper' as a person who records financial transactions and maintains accurate financial records for a business.

Step 5: Define 'auditor' as a professional who examines financial records to ensure accuracy and compliance with regulations, but does not typically focus on analyzing trends or making projections.