Facts101 is your complete guide to Financial Accounting, A Business Process Approach. In this book, you will learn topics such as Accruals and Deferrals: Timing Is Everything in Accounting, Payment for Goods and Services: Cash and Accounts Receivable, The Purchase and Sale of Inventory, and Acquisition and Use of Long-Term Assets plus much more. With key features such as key terms, people and places, Facts101 gives you all the information you need to prepare for your next exam. Our practice tests are specific to the textbook and we have designed tools to make the most of your limited study time.