Contabilidad II / Accounting

ANSWERS & TRANSLATIONS

1. The valuation techniques are one of the criteria of the accounting principles. Answer: normas de la valorización.

2. Segregation of duties is essential to establish a business in Latin America because employee theft is widespread. Answer: segregación de las responsabilidades.

3. The funds statement contains information about the resources. Answer: cuadro de financiación.

4. When determining the cost of inventory, the omission of fixed and variable cost is acceptable in Chile. Answer: omisión.

5. They forgot to enter this account in the books. Answer: anotación.