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Accounting systems

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Accounting systems

  • This topic has 3 replies, 3 voices, and was last updated 9 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • August 3, 2014 at 7:57 pm #180640
    josy87
    Member
    • Topics: 173
    • Replies: 215
    • ☆☆☆

    Hi Sir

    1-Accounting systems which we can buy from a retailer are often termed as

    A-Tailor-made packages

    B-Off-the-shelve packages.

    C-Beta packages .

    D-Retailer packages

    2-On assets like coal mines which of the following word is used instead of depreciation?

    A.Erosion

    B.Decay

    C.Depletion

    D.Amortization

    August 4, 2014 at 7:09 am #180666
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54719
    • ☆☆☆☆☆

    1 B

    2 D

    October 13, 2015 at 7:16 pm #276217
    Sir Insanity
    Participant
    • Topics: 28
    • Replies: 44
    • ☆☆

    Hello,
    Quick request.
    In 2), would you kindly explain the reasoning behind the answer?

    October 14, 2015 at 7:42 am #276245
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54719
    • ☆☆☆☆☆

    They are both simply definitions – there is nothing really to explain.

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