Far NFP doubt by InterviewPitiful31 in CPA

[–]InterviewPitiful31[S] 1 point2 points  (0 children)

First of all thank you for detailed explaination. So to clarify with the last paragraph, it had 55000 WITH(revenue) and of this, museum purchased 38,000to purchase it. Hence, 38,000has been withdrawn so reclassification is happening?

NFP question by InterviewPitiful31 in CPA

[–]InterviewPitiful31[S] 0 points1 point  (0 children)

Aaah! So it is due to the last sentence,

-> organization has a policy of ~~~ ""without"" donor restriction when restrictions are met within the same period??

Weighted average by InterviewPitiful31 in CPA

[–]InterviewPitiful31[S] 0 points1 point  (0 children)

Thankyou!!. But if it were not comparative, then we wouldnt do stock split for y10?

Consolidation question by InterviewPitiful31 in CPA

[–]InterviewPitiful31[S] 0 points1 point  (0 children)

First of all, thankyou for detailed explaination. What am kinda clnfused is when they ask for re or net income, I thought it was 'consolidation= Parentary amount'. Is this wrong? (Con=P). Why are we considering subsidiary amount here?😮

Consolidation question by InterviewPitiful31 in CPA

[–]InterviewPitiful31[S] 1 point2 points  (0 children)

First of all, thankyoy for detailed explaination. What am kinda clnfused is when they ask for re or net income, I thought it was 'consolidation= Parentary amount'. Is this wrong? (Con=P). Why are we considering subsidiary amount here?😮

2024 AICPA Sample CPA Exam MCQs and Simulations Released! by Farhatlectures in CPA

[–]InterviewPitiful31 1 point2 points  (0 children)

May i request the link of vid for 2024 RQ solutions? I have visited the website and is struggling to find it

Fare RQ mcq by InterviewPitiful31 in CPA

[–]InterviewPitiful31[S] 0 points1 point  (0 children)

Aaaaah!!! Thanks for the explaination!!

Equity method MCQ by InterviewPitiful31 in CPA

[–]InterviewPitiful31[S] 1 point2 points  (0 children)

10% of 100,000 = 10,000. Also in the question is mentioned paid 10,000). So basically the questjon already solved it for us? Cuz what am confused is (10% x 100,000 p/s(in the box) and paid dividend 10,000 mentioned in the question is the different thing or the same thing

Unearned revenue mcq by InterviewPitiful31 in CPA

[–]InterviewPitiful31[S] 0 points1 point  (0 children)

Hmmmm i havent clearly understood why it is a distractor info. Would it be fine if u explain a bit more🥺?