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 is NOT a type of integration or merger commonly discussed in accounting and business combinations?

Vertical integration

Horizontal integration

Managerial accounting

Conglomerate merger

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Understand the context of the question: It is asking about types of integration or mergers commonly discussed in accounting and business combinations. These are strategies companies use to grow or consolidate their operations.

Define the terms: Vertical integration refers to a company expanding its operations into different stages of production within the same industry. Horizontal integration involves merging with or acquiring competitors in the same industry. Conglomerate merger refers to the combination of companies operating in unrelated industries.

Recognize that 'Managerial accounting' is not a type of integration or merger. Managerial accounting is a field of accounting focused on providing financial information to managers for decision-making, not a business combination strategy.

Compare the options provided: Vertical integration, horizontal integration, and conglomerate merger are all valid types of business combinations. Managerial accounting does not fit within this category.

Conclude that the correct answer is 'Managerial accounting' because it is unrelated to the types of integration or mergers discussed in accounting and business combinations.