Short-Term Operating Assets Cash and Receivables Test Bank (Inter. Accounting)

Short-Term Operating Assets Cash and Receivables Test Bank and Assessment

This test bank and assessment is covering Short-Term Operating Assets Cash and Receivables Topic which is covered by Intermediate Accounting Module Students. With the help of this test bank set you will be able to assess your students on this topic. Short-Term Operating Assets Cash and Receivables Test Bank Set containing different types of questions such as:

• Multiple Choice questions;
• True/Falls questions;
• Open-ended questions;

Short-Term Operating Assets Cash and Receivables Test Bank will help you to assess following learning objectives of the students:
• Define cash and cash equivalents and describe the accounting for restricted cash and compensating balances.
• Demonstrate the initial measurement and accounting for accounts receivable, including volume, trade, and sales discounts.
• Understand the subsequent measurement and accounting for accounts receivable, including establishing an allowance for uncollectible accounts.
• Estimate an allowance for uncollectible accounts using the aging of receivables method and explain the accounting for write-offs and subsequent recoveries.
• Discuss the use of accounts receivable to generate immediate cash—including pledging or assigning, factoring receivables, and securitization—and demonstrate the accounting for these transactions.
• Describe accounting for short-term notes receivable when issued and after issuance.
• Explain the required disclosures for accounts and notes receivable.

Short-Term Operating Assets Cash and Receivables Test Bank and Assessment Set contains 146 questions which will fully cover assessment process on this topic and will make your life easier. All answers to all questions are included which will make checking process faster.
Test bank for Short-Term Operating Assets Cash and Receivables is in the WORD format which will let you make any adjustments if required.

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