Contabilidad IIa / Accounting

ANSWERS & TRANSLATIONS

1. The valuation techniques are one of the criteria of the accounting principles.

2. Segregation of duties is essential to establish a business in Latin America because employee theft is widespread.

3. The funds statement contains information about the resources.

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

5. They forgot to enter this account in the books.