Liabilities flashcards
19 flashcard decks by 18 users
This Liabilities flashcards page on GoConqr brings together a small set of community-made decks, covering payable accounts, bonds, pensions, leases and provisions. University students and professional candidates can practice liability terms, while teachers can find material on these topics. Browse the decks and choose a topic to study.
Flashcards
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18 cardsLecture 4 - Employee benefit obligations What are the options for employees looking to fund their retirement?
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29 cardsCh 7 Accounting Flash Cards Accrued Liabilities definition
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19 cardsSBR - Chapter 5
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34 cardsAccounting 2 Chap 14
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21 cardsRSM320- Pensions What is the difference bw defined contribution and defined benefit plans
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10 cardsPension Calculation - Contribution Stage Relevant UK earnings include: 1, employment income including bonus and overtime 2, Income from trade, vocat...
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28 cardsChapter 9
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15 cardsIFRS16 Leases What is right-to-use of asset?
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12 cardsACCT1511 Accounting chap 2 : Liabilities Liability -present obligation – arising from a past event – potential to result in an outflow FEB
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9 cardsAccounting standards for liabilities Define a Liability as outlined in the "Conceptual Framework for Financial Reporting"
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17 cardsLiabilities
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15 cardsAccounting 201- Chapter 10
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7 cardsLiabilities ACC 210 NC State
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7 cardsLiabilities
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28 cardsLiabilitiesFlashCards What is an accounts payable?
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5 cardsProvisions and Contingent Liabilities A provision is a liability of uncertain ...
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7 cardsAccounting Chapter 10 The Bond Principal
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1 cardsAccounting-Liability There has been a past event when the hay baler was purchased. (name the past event with the liability name ...
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5 cardsSBR - Lease PV of future lease payments
More Liabilities resources
About liabilities flashcards
GoConqr OriginalUsing liabilities flashcards
These decks offer different ways into the unit. The Liabilities deck covering accounts payable and accrued liabilities is a starting point if you want to work with common terms. Try recalling what each term means before looking at its definition, then return to the cards you found difficult.
For bonds, the chapter 10 accounting deck includes terms such as debenture, coupon rate, bond premium and bond discount. You could group these terms as you study and check whether you can explain the differences between them.
Choose a topic to practice
Pension Calculation - Contribution Stage focuses on pension contributions, while IFRS16 Leases includes questions about lease contracts and lease liabilities. There is also a deck on provisions and contingencies. Choose the topic that matches your current study, and use its cards to practice explanations as well as definitions.
When you want to test what you remember in a different way, switch to a quiz on the unit page. Or use a mind map to organize related ideas. Pick a deck and start with a few cards.
Frequently asked questions
Which liabilities flashcards should I start with?
For an introduction to common terms, start with the Liabilities deck that lists accounts payable, accrued liabilities and unearned revenue. Work through the terms and try to recall their meanings before checking. If you are already studying bonds, the chapter 10 accounting deck offers a more focused set of terms.
What topics do the decks cover?
The decks cover a range of liability topics, including payable accounts, bonds, pensions, leases and provisions. Some focus on definitions, while others use questions. For example, IFRS16 Leases asks about lease contracts and lease liabilities, and Pension Calculation - Contribution Stage covers pension contributions.
Are the flashcards free to use?
Yes. Every resource listed here is free to open and study without an account. The decks were made by GoConqr users. A free account also lets you make your own flashcards, quizzes, mind maps and notes, and save your quiz scores.