TRANSLATE THE FOLLOWING SENTENCE INTO CHINESE. "Financial accounting generally refers to the process results in the preparation and reporting of financial statements for an entity."
举一反三
- Translate the following sentence into Chinese. "These two financial statements reflect the accrual basis accounting used by firms to match revenues with the expenses associated with generating those revenues."
- Translate the following special term into Chinese. "financial position"
- The field of accounting may not be described as: A: Recording the financial transactions of an economic entity. B: Developing information in conformity with generally accepted accounting principles. C: The art of interpreting, measuring, and describing economic activity. D: Developing the information required for the preparation of income tax returns.
- Which of the following statements about financial statements and reporting standards is least accurate() A: Reporting standards focus mostly on format and presentation and allow management wide latitude in assumptions. B: The objective of financial statements is to provide economic decision makers with useful information. C: Reporting standards ensure that the information in financial statements is useful to a wide range of users.
- 中国大学MOOC: The following statements relate to financial accounting or to cost and management accounting: (i) The main users of financial accounting information are external to an organisation. (ii) Cost accounting is part of financial accounting and establishes costs incurred by an organisation. (iii) Management accounting is used to aid planning, control and decision making. Which of the statements are correct?