Login

Financial Accounting: Tutoring Solution

Course Summary

Increase your confidence in financial accounting topics using the video lessons and quizzes in this Financial Accounting: Tutoring Solution course. These learning tools are accessible to you 24 hours a day, seven days a week to help you study for an exam, catch up on homework or prepare for a test.
Create An Account
To Start This Course Today
Used by over 10 million students worldwide
Create An Account
Try it free for 5 days

7 chapters in Financial Accounting: Tutoring Solution

Ch 1. Introduction to Accounting: Tutoring Solution {{cp.topicAssetIdToProgress[23468].percentComplete}}% complete
Course Progress Best Score
Lesson 1 - What Is Accounting? - Purpose, Importance & Relationship to Business Score: {{cp.lessonAssetIdToProgress[9165].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9165].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - External and Internal Users and Uses of Accounting Score: {{cp.lessonAssetIdToProgress[9166].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9166].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What Is GAAP? - The Generally Accepted Accounting Principles Score: {{cp.lessonAssetIdToProgress[9167].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9167].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Importance of Ethics in Accounting Score: {{cp.lessonAssetIdToProgress[9168].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9168].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Technology in Accounting: The Growing Role of Technology in Accounting Score: {{cp.lessonAssetIdToProgress[9169].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9169].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Budget Constraints: Definition & Formula Score: {{cp.lessonAssetIdToProgress[243639].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243639].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - What is Renminbi (RMB)? - Definition & History Score: {{cp.lessonAssetIdToProgress[243669].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243669].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - What is a Tontine? - Definition & Legality Score: {{cp.lessonAssetIdToProgress[243671].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243671].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - What are Speculative Stocks? Score: {{cp.lessonAssetIdToProgress[251701].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251701].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - What is Bank Fraud? - Definition & Prevention Score: {{cp.lessonAssetIdToProgress[251703].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251703].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - What is an Economic Moat? Score: {{cp.lessonAssetIdToProgress[251705].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251705].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - What is a Eurobond? Score: {{cp.lessonAssetIdToProgress[251709].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251709].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - Liquidating Dividend: Definition & Example Score: {{cp.lessonAssetIdToProgress[251711].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251711].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - What is Market Manipulation? Score: {{cp.lessonAssetIdToProgress[251715].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251715].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - What is a Market Survey? Score: {{cp.lessonAssetIdToProgress[251717].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251717].bestScoreQuestions}}  Take Quiz Optional
Lesson 16 - Book Value vs. Market Value Score: {{cp.lessonAssetIdToProgress[251719].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251719].bestScoreQuestions}}  Take Quiz Optional
Lesson 17 - What is Momentum Investing? Score: {{cp.lessonAssetIdToProgress[251721].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251721].bestScoreQuestions}}  Take Quiz Optional
Lesson 18 - What is Value Investing? Score: {{cp.lessonAssetIdToProgress[251723].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251723].bestScoreQuestions}}  Take Quiz Optional
Lesson 19 - What is Growth Investing? Score: {{cp.lessonAssetIdToProgress[251725].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251725].bestScoreQuestions}}  Take Quiz Optional
Lesson 20 - What is a Passive Investment? - Definition & Strategies Score: {{cp.lessonAssetIdToProgress[251727].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251727].bestScoreQuestions}}  Take Quiz Optional
Lesson 21 - Portfolio Turnover: Definition & Calculation Score: {{cp.lessonAssetIdToProgress[251729].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251729].bestScoreQuestions}}  Take Quiz Optional
Lesson 22 - Sovereign Default: Definition & Consequences Score: {{cp.lessonAssetIdToProgress[251731].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[251731].bestScoreQuestions}}  Take Quiz Optional
Lesson 23 - The Principal-Agent Problem: Definition & Solutions Score: {{cp.lessonAssetIdToProgress[283857].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[283857].bestScoreQuestions}}  Take Quiz Optional
Lesson 24 - Time Period Assumption in Accounting: Definition & Examples Score: {{cp.lessonAssetIdToProgress[283875].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[283875].bestScoreQuestions}}  Take Quiz Optional
Lesson 25 - What is the Full Disclosure Principle in Accounting? - Definition & Application Score: {{cp.lessonAssetIdToProgress[283877].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[283877].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - What Are Financial Statements? - Definition, Purpose & Importance Score: {{cp.lessonAssetIdToProgress[9170].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9170].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - The Balance Sheet: Purpose, Components & Format Score: {{cp.lessonAssetIdToProgress[9171].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9171].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - What Is an Income Statement? - Purpose, Components & Format Score: {{cp.lessonAssetIdToProgress[9172].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9172].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - The Statement of Cash Flows: Purpose, Format & Examples Score: {{cp.lessonAssetIdToProgress[9173].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9173].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - The Purpose of Notes on Financial Statements Score: {{cp.lessonAssetIdToProgress[9174].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9174].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Preparing the Basic Income Statement and Statement of Retained Earnings Score: {{cp.lessonAssetIdToProgress[9175].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9175].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - How to Prepare the Basic Balance Sheet and Statement of Cash Flows Score: {{cp.lessonAssetIdToProgress[12521].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[12521].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - External Audits of Financial Statements Score: {{cp.lessonAssetIdToProgress[9176].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9176].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - The Fundamental Principles of Accounting Score: {{cp.lessonAssetIdToProgress[9177].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9177].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - What is Cash Over and Short? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[346721].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346721].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - The Accounting Equation: Definition & Components Score: {{cp.lessonAssetIdToProgress[10851].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10851].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Source Documents in Accounting: Definition and Purpose Score: {{cp.lessonAssetIdToProgress[10852].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10852].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Using the Accounting Equation: Adding Revenues, Expenses & Dividends Score: {{cp.lessonAssetIdToProgress[10853].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10853].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - What Are Accounts? - Definition and Use to Categorize Transactions Score: {{cp.lessonAssetIdToProgress[10854].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10854].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Ledgers and Chart of Accounts: Definitions and Use Score: {{cp.lessonAssetIdToProgress[10855].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10855].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Understanding Debits and Credits in Accounting Score: {{cp.lessonAssetIdToProgress[10856].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10856].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Recording Business Transactions in Accounting Score: {{cp.lessonAssetIdToProgress[10857].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10857].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Using the Accounting Equation: Analyzing Business Transactions Score: {{cp.lessonAssetIdToProgress[10858].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10858].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Computing and Interpreting Return on Assets Score: {{cp.lessonAssetIdToProgress[10859].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10859].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Journal Entries and Trial Balance in Accounting Score: {{cp.lessonAssetIdToProgress[10860].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10860].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Financial Statement Ratios: Determining Company Performance Score: {{cp.lessonAssetIdToProgress[10861].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[10861].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - Treasury Stock: Definition, Accounting Method & Formula Score: {{cp.lessonAssetIdToProgress[16016].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[16016].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - What is a Variable Annuity? - Definition, Pros & Cons Score: {{cp.lessonAssetIdToProgress[243683].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243683].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - What is a Fixed Annuity? - Definition, Pros & Cons Score: {{cp.lessonAssetIdToProgress[243685].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243685].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - CAPE Ratio (Cyclically Adjusted Price-to-Earnings) Score: {{cp.lessonAssetIdToProgress[243719].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243719].bestScoreQuestions}}  Take Quiz Optional
Lesson 16 - What are Journal Vouchers? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[346699].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346699].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Periodic Reporting & the Time Period Principle Score: {{cp.lessonAssetIdToProgress[13685].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13685].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Using Accrual Accounting to Make Financial Statements More Useful Score: {{cp.lessonAssetIdToProgress[13686].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13686].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - The Differences Between Accrual & Cash-Basis Accounting Score: {{cp.lessonAssetIdToProgress[13687].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13687].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Account Adjustments: Types, Purpose & Their Link to Financial Statements Score: {{cp.lessonAssetIdToProgress[13688].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13688].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Accrued Expenses & Revenues: Definition & Examples Score: {{cp.lessonAssetIdToProgress[13689].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13689].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Adjusted Trial Balance: Definition, Preparation & Example Score: {{cp.lessonAssetIdToProgress[13690].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13690].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Preparing Financial Statements Score: {{cp.lessonAssetIdToProgress[13691].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13691].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Temporary & Permanent Accounts: Definition & Differences Score: {{cp.lessonAssetIdToProgress[13692].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13692].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Closing Entries: Process, Major Steps, Purpose & Objectives Score: {{cp.lessonAssetIdToProgress[13693].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13693].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Real Accounts vs. Nominal Accounts: Definition, Differences & Examples Score: {{cp.lessonAssetIdToProgress[13694].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13694].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Post-Closing Trial Balance: Preparation & Purpose Score: {{cp.lessonAssetIdToProgress[13695].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[13695].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - Discounted Cash Flow Analysis Score: {{cp.lessonAssetIdToProgress[243741].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[243741].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - Scrip Dividend: Advantages & Disadvantages Score: {{cp.lessonAssetIdToProgress[346673].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346673].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - Scrip Dividend vs. Stock Dividend Score: {{cp.lessonAssetIdToProgress[346675].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346675].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - What is a Scrip Dividend? Score: {{cp.lessonAssetIdToProgress[346677].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346677].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Typical Problems with Financial Information Score: {{cp.lessonAssetIdToProgress[15039].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15039].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Internal Controls in Accounting: Definition, Types & Examples Score: {{cp.lessonAssetIdToProgress[15040].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15040].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Safeguards & Controls of Banking Activities Score: {{cp.lessonAssetIdToProgress[15041].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15041].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Control of Cash: Definition & Methods Score: {{cp.lessonAssetIdToProgress[15042].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15042].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Control of Cash Receipts & Disbursements Score: {{cp.lessonAssetIdToProgress[15043].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15043].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Earnings Management: Definition, Techniques & Examples Score: {{cp.lessonAssetIdToProgress[15044].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15044].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - What is Bank Reconciliation? - Definition, Purpose, Process & Examples Score: {{cp.lessonAssetIdToProgress[15045].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15045].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Technology's Impact on the Internal Control System Score: {{cp.lessonAssetIdToProgress[15046].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15046].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Limitations of Internal Control in Financial Reporting Score: {{cp.lessonAssetIdToProgress[15047].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15047].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - The Sarbanes-Oxley Act: Definition and Explanation Score: {{cp.lessonAssetIdToProgress[15048].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15048].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - The Role of Auditors in the Accounting Process Score: {{cp.lessonAssetIdToProgress[15049].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15049].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - The Securities & Exchange Commission: Definition, History & Purpose Score: {{cp.lessonAssetIdToProgress[15050].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[15050].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - What is Intellectual Property? - Definition & Laws Score: {{cp.lessonAssetIdToProgress[9275].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[9275].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - What is Internal Data? - Definition & Sources Score: {{cp.lessonAssetIdToProgress[17644].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[17644].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - What is a Defined Benefit Plan? - Definition & Examples Score: {{cp.lessonAssetIdToProgress[346883].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346883].bestScoreQuestions}}  Take Quiz Optional
Lesson 16 - Defined Benefit Plans vs. Defined Contribution Plans Score: {{cp.lessonAssetIdToProgress[346885].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346885].bestScoreQuestions}}  Take Quiz Optional
Course Progress Best Score
Lesson 1 - Merchandising Company: Definition, Activities & Income Components Score: {{cp.lessonAssetIdToProgress[23183].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23183].bestScoreQuestions}}  Take Quiz Optional
Lesson 2 - Items that Make Up Merchandise Inventory Score: {{cp.lessonAssetIdToProgress[23184].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23184].bestScoreQuestions}}  Take Quiz Optional
Lesson 3 - Inventory Cost: Definition, Methods & Types Score: {{cp.lessonAssetIdToProgress[23185].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23185].bestScoreQuestions}}  Take Quiz Optional
Lesson 4 - Accounting for Inventory Purchases Score: {{cp.lessonAssetIdToProgress[23186].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23186].bestScoreQuestions}}  Take Quiz Optional
Lesson 5 - Perpetual and Periodic Inventory Systems Score: {{cp.lessonAssetIdToProgress[23187].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23187].bestScoreQuestions}}  Take Quiz Optional
Lesson 6 - Recording Purchases Using the Perpetual System Score: {{cp.lessonAssetIdToProgress[23188].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23188].bestScoreQuestions}}  Take Quiz Optional
Lesson 7 - Accounting for Inventory Sales Score: {{cp.lessonAssetIdToProgress[23189].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23189].bestScoreQuestions}}  Take Quiz Optional
Lesson 8 - Recording Sales Using the Perpetual System Score: {{cp.lessonAssetIdToProgress[23190].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23190].bestScoreQuestions}}  Take Quiz Optional
Lesson 9 - Reconciling the Bank Account After Purchases or Sales Score: {{cp.lessonAssetIdToProgress[23191].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23191].bestScoreQuestions}}  Take Quiz Optional
Lesson 10 - Inventory Counting: Process & Methods Score: {{cp.lessonAssetIdToProgress[23192].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23192].bestScoreQuestions}}  Take Quiz Optional
Lesson 11 - Inventory Valuation Methods: Specific Identification, FIFO, LIFO & Weighted Average Score: {{cp.lessonAssetIdToProgress[18503].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[18503].bestScoreQuestions}}  Take Quiz Optional
Lesson 12 - The Importance of Evaluating Investment Management Score: {{cp.lessonAssetIdToProgress[23193].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23193].bestScoreQuestions}}  Take Quiz Optional
Lesson 13 - The Effects of Financial Statements on Costing Methods Score: {{cp.lessonAssetIdToProgress[23194].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23194].bestScoreQuestions}}  Take Quiz Optional
Lesson 14 - The Effects of Inventory Errors Score: {{cp.lessonAssetIdToProgress[23195].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23195].bestScoreQuestions}}  Take Quiz Optional
Lesson 15 - Net Realizable Value of Inventory: Definition & Method Score: {{cp.lessonAssetIdToProgress[23196].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23196].bestScoreQuestions}}  Take Quiz Optional
Lesson 16 - The Lower of Cost or Market of Inventory: Definition & Method Score: {{cp.lessonAssetIdToProgress[23197].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[23197].bestScoreQuestions}}  Take Quiz Optional
Lesson 17 - Bid Price vs. Ask Price Score: {{cp.lessonAssetIdToProgress[346803].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346803].bestScoreQuestions}}  Take Quiz Optional
Lesson 18 - Sales Returns & Allowances: Definition & Examples Score: {{cp.lessonAssetIdToProgress[346807].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346807].bestScoreQuestions}}  Take Quiz Optional
Lesson 19 - Point of Sale Terminal: Definition, Advantages & Examples Score: {{cp.lessonAssetIdToProgress[346873].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346873].bestScoreQuestions}}  Take Quiz Optional
Lesson 20 - Credit Period: Definition, Formula & Example Score: {{cp.lessonAssetIdToProgress[346875].bestScoreCorrect}}/{{cp.lessonAssetIdToProgress[346875].bestScoreQuestions}}  Take Quiz Optional

Earning College Credit

Did you know… We have over 79 college courses that prepare you to earn credit by exam that is accepted by over 2,000 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Support