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Tags
#cfa-level-1 #fra-introduction #study-session-7
Question

Reading 23 illustrates the process for recording the business transactions of the company, introducing such basic concepts as the [...] and [...]

Answer
accounting equation

accounting accruals.


Tags
#cfa-level-1 #fra-introduction #study-session-7
Question

Reading 23 illustrates the process for recording the business transactions of the company, introducing such basic concepts as the [...] and [...]

Answer
?

Tags
#cfa-level-1 #fra-introduction #study-session-7
Question

Reading 23 illustrates the process for recording the business transactions of the company, introducing such basic concepts as the [...] and [...]

Answer
accounting equation

accounting accruals.

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An Introduction
sks is also presented. A company’s financial statements are the end-products of a process for recording the business transactions of the company. The second reading illustrates this process, introducing such basic concepts as the <span>accounting equation and accounting accruals. The presentation of financial information to the public by a company must conform to applicable financial reporting standards based on factors such

Summary

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

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