Intermediate Accounting 3 Quiz
11 Questions
3 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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

  • Preparing basic financial statements
  • Calculating statistical measures
  • Accounting for complex business transactions (correct)
  • Analyzing macroeconomic trends
  • What is a key learning outcome of the Bachelor of Science in Accounting Information System program at Bulacan Polytechnic College?

  • Understanding global political systems
  • Being a morally straight professional (correct)
  • Possessing basic computer skills
  • Mastering advanced calculus
  • What do students learn to compute in Intermediate Accounting 3 at Bulacan Polytechnic College?

  • Macroeconomic indicators
  • Derivatives
  • Earnings per share (correct)
  • Interest rates
  • What is a general learning outcome of the Bachelor of Science in Accounting Information System program at Bulacan Polytechnic College?

    <p>Demonstrated thorough knowledge on the vision, mission, goals and objectives of the BPC and of the BSAIS Program</p> Signup and view all the answers

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

    <p>Leases</p> Signup and view all the answers

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

    <p>Data Mart</p> Signup and view all the answers

    What is the first step in turning data into analytics?

    <p>Data extraction</p> Signup and view all the answers

    Can data extraction take place outside of ETL processes?

    <p>YES</p> Signup and view all the answers

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

    <p>Real-time extraction of data</p> Signup and view all the answers

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

    <p>Financial data</p> Signup and view all the answers

    What is a benefit of using a data extraction tool?

    <p>Increased agility</p> Signup and view all the answers

    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.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    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.

    More Like This

    Use Quizgecko on...
    Browser
    Browser