Intermediate Accounting 3 Quiz

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11 Questions

What is the main focus of Intermediate Accounting 3 at Bulacan Polytechnic College?

Accounting for complex business transactions

What is a key learning outcome of the Bachelor of Science in Accounting Information System program at Bulacan Polytechnic College?

Being a morally straight professional

What do students learn to compute in Intermediate Accounting 3 at Bulacan Polytechnic College?

Earnings per share

What is a general learning outcome of the Bachelor of Science in Accounting Information System program at Bulacan Polytechnic College?

Demonstrated thorough knowledge on the vision, mission, goals and objectives of the BPC and of the BSAIS Program

What is a key topic studied in Intermediate Accounting 3 at Bulacan Polytechnic College?

Leases

What is a subset of a data warehouse, specially designed for a particular line of business?

Data Mart

What is the first step in turning data into analytics?

Data extraction

Can data extraction take place outside of ETL processes?

YES

What is the focus of cloud-based data extraction tools?

Real-time extraction of data

What type of metrics include sales numbers, purchasing cost, and operating margins?

Financial data

What is a benefit of using a data extraction tool?

Increased agility

Study Notes

Bachelor of Science in Accounting Information System

  • The Bachelor of Science in Accounting Information System program at Bulacan Polytechnic College focuses on developing students' skills in designing, implementing, and maintaining accounting information systems.

Intermediate Accounting 3

  • The main focus of Intermediate Accounting 3 at Bulacan Polytechnic College is on advanced accounting topics and financial reporting.
  • A key learning outcome of Intermediate Accounting 3 is to enable students to compute financial ratios and analyze financial statements.
  • Students learn to compute financial ratios, such as profitability ratios, liquidity ratios, and solvency ratios.
  • A key topic studied in Intermediate Accounting 3 is financial statement analysis.

Data Warehouse and Analytics

  • A data mart is a subset of a data warehouse, specially designed for a particular line of business.
  • The first step in turning data into analytics is data extraction.
  • Data extraction can take place outside of ETL (Extract, Transform, Load) processes.
  • Cloud-based data extraction tools focus on extracting data from various sources and loading it into a central repository for analysis.
  • Business metrics include sales numbers, purchasing cost, and operating margins.
  • A benefit of using a data extraction tool is that it enables users to extract and analyze large datasets quickly and efficiently.

Test your knowledge of complex accounting transactions with this Intermediate Accounting 3 quiz. This quiz covers topics such as leases, income taxes, and shareholders' equity. Prepare for your Bachelor of Science in Information System with this 54-hour course at Bulacan Polytechnic College.

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