Accounting 970601 paper 1 multiple choice october november 2007 Alpro
Accounting 970601 paper 1 multiple choice october november 2007
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970601 paper 1 multiple choice october november 2008 Alpro
Accounting 970601 paper 1 multiple choice october november 2008
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970601 paper 1 multiple choice october november 2006 Alpro
Accounting 970601 paper 1 multiple choice october november 2006
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970601 paper 1 multiple choice october november 2007 Alpro
Accounting 970601 paper 1 multiple choice october november 2007
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970601 paper 1 multiple choice october november 2008 Alpro
Accounting 970601 paper 1 multiple choice october november 2008
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970601 paper 1 multiple choice october november 2006 Alpro
Accounting 970601 paper 1 multiple choice october november 2006
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Complete Week Four Assignment in WileyPLUS:
• Exercise Do It! 11-1
• Exercise E11-15
• Exercise E11-16
• Problem P11-6A
• Problem P11-8A
Week 4 assignment
Question 1
Correct.
Indicate whether each of the following statements is true or false.
1. The corporation is an entity separate and distinct from its owners. (True)
2. The liability of stockholders is normally limited to their investment in the corporation. (True)
3. The relative lack of government regulation is an advantage of the corporate form of business. (False)
4. There is no journal entry to record the authorization of capital stock. (True)
5. No-par value stock is quite rare today. (False)
Partnership revision questions ay 2014 2015JUMA BANANUKA
The practice questions will help the students of Makerere University (MUK & MUBS) to appreciate the theory underlying businesses in Uganda especially the partnership businesses.
devry fin 515 week 4 midterm,devry fin 515 week 4 problem set,devry fin 515 week 4,devry fin 515 week 4,devry fin 515,devry fin 515 week 4 tutorial,devry fin 515 week 4 assignment,devry fin 515 week 4 help
The following information is for Henenlotter Inc. for the year end.docxcherry686017
The following information is for Henenlotter Inc. for the year ended December 31, 2012.
Henenlotter had a cash and cash equivalents balance of $7100 on January 1, 2012.
CASH RECEIVED FROM:
Customers
?
Interest on investments
600
Sale of land (not in use)
1,000
Sale of Henenlotter Inc. common stock
750
Sale of Janis Corp. stock
500
Issuance of debt securities (bonds)
2,000
CASH PAID FOR:
Interest on debt
300
Income tax
80
Debt principal reduction
1,500
Purchase of equipment
4,100
Purchase of inventory
1,000
Dividends paid on Henenlotter common stock
200
Operating expenses
400
OTHER DATA
Revenue
600
Accounts Receivable (Jan. 1, 2012)
1,200
Accounts Receivable (Dec. 31, 2012)
900
Accounts written off during the year
200
Prepare a Statement of Cash Flows for the year.
Use the direct method for the operating activities section.
1. Four different competent accountants independently agree on the amount and method of reporting an economic event. The concept demonstrated is:
A. Reliability.
B. Comparability.
C. Completeness.
D. Verifiability.
E. All of the above
2. Which of the following best demonstrates the full disclosure principle?
A. The multi-step income statement.
B. The auditors' report.
C. The company's tax return.
D. Notes to financial statements.
E. None of the above.
3. Disclosure notes to a company's financial statements:
A. Are relatively unimportant facts that don't belong in the basic financial statements.
B. Document the source of financial statement facts, like literary footnotes.
C. Are an integral part of a company's financial statements.
D. Are irrelevant facts that are immaterial in amount.
E. None of the above.
4. An important argument in support of historical cost information is:
A. Relevance.
B. Predictive quality for future cash flows.
C. Materiality.
D. Verifiability.
E. All of the above
5. Primecoat Corporation could disseminate its annual financial statements two days earlier if it shifted substantial human resources from other operations to the annual report project. Management decided the value of the earlier report was not worth the added commitment of resources. The concept best demonstrated is:
A. Timeliness.
B. Materiality.
C. Relevance.
D. Cost effectiveness.
E. All of the above.
6. Mega Loan Company has very stringent credit requirements and, accordingly, has negligible losses from uncollectible accounts. The company's independent accountants did not protest when, contrary to GAAP, the company recorded bad debt expense only when specific accounts were determined to be uncollectible, rather than use an allowance for uncollectible accounts. The concept demonstrated is:
A. Comparability.
B. Faithful representation.
C. Cost effectiveness.
D. Materiality.
E. Two of the above are correct.
7. Recognizing expected losses immediately, but deferring expected gains, is an example of:
A. Materiality.
B. Conservatism.
C. Cost effectiveness.
D. Timeliness.
E. All o ...
(Multiple Choice) Purchasing an item of equipment for cash will .docxmarilynnhoare
(Multiple Choice)
Purchasing an item of equipment for cash will cause total assets, total liabilities, and stockholders’ equity to:
A.
increase, increase, and remain unchanged, respectively.
B.
remain unchanged, remain unchanged, and remain unchanged, respectively.
C.
increase, remain unchanged, and increase, respectively.
D.
increase, remain unchanged, and decrease, respectively.
E.
None of these.
(Multiple Choice)
Paying a previously recorded accounts payable will cause total assets, total liabilities, and stockholders' equity to:
A.
decrease, remain unchanged, and decrease, respectively.
B.
remain unchanged, remain unchanged, and decrease, respectively.
C.
remain unchanged, remain unchanged, and remain unchanged, respectively.
D.
decrease, decrease, and remain unchanged, respectively.
E.
None of these.
(Multiple Choice)
Which of the following is considered a revenue item?
A.
Proceeds of a bank loan.
B.
Investments by owner.
C.
Sales on account.
D.
All of these.
E.
None of these.
(Multiple Choice)
Which of the following would not cause stockholders' equity to fluctuate?
A.
Investments by shareholders.
B.
Dividends.
C.
Providing services at a profit or loss.
D.
Collection of accounts receivable.
E.
None of these.
(Multiple Choice)
Assume beginning assets of $60,000, ending assets of $80,000, a $10,000 decrease in liabilities, and ending stockholders' equity of $45,000.
If dividends exceeded capital stock issuances by $20,000, how much was net income for the period?
A.
$15,000.
B.
$30,000.
C.
$50,000.
D.
Cannot be determined from the information given.
E.
None of these.
(Essay)
Microtel began operations at the beginning of 20X6 with a $10,000 cash investment by stockholders. During 20X6, Microtel had revenue on account of $5,000; of this amount $2,000 was collected during 20X6 and $3,000 was an outstanding receivable at year-end. Microtel incurred $3,000 of operating expenses during 20X6; of this amount $1,000 was unpaid at year-end.
During 20X6, $1,000 cash was disbursed as dividends.
The only other transaction during 20X6 was the purchase of $5,000 of equipment for cash near the end of the year.
How much were Microtel's total assets at year-end?
(Multiple Choice)
Of the following account types, which normally display a credit balance:
A.
Assets and expenses.
B.
Assets and stockholders' equity.
C.
Assets, revenues, and stockholders' equity.
D.
Liabilities and expenses.
E.
None of these.
(Multiple Choice)
The dividend account:
A.
is an expense account.
B.
appears on the income statement.
C.
appears on the statement of retained earnings.
D.
normally has a credit balance.
E.
None of these.
(Multiple Choice)
Richards billed patients for $12,000 of services rendered.
The appropriate journal entry to record this transaction is:
A.
Debit Cash/Credit Revenue.
B.
Debit Accounts Receivable/Credit Revenue.
C.
Debit Revenue/Credit Cash.
D.
Debit .
Complete Week Four Assignment in WileyPLUS:
• Exercise Do It! 11-1
• Exercise E11-15
• Exercise E11-16
• Problem P11-6A
• Problem P11-8A
Week 4 assignment
Question 1
Correct.
Indicate whether each of the following statements is true or false.
1. The corporation is an entity separate and distinct from its owners. (True)
2. The liability of stockholders is normally limited to their investment in the corporation. (True)
3. The relative lack of government regulation is an advantage of the corporate form of business. (False)
4. There is no journal entry to record the authorization of capital stock. (True)
5. No-par value stock is quite rare today. (False)
Partnership revision questions ay 2014 2015JUMA BANANUKA
The practice questions will help the students of Makerere University (MUK & MUBS) to appreciate the theory underlying businesses in Uganda especially the partnership businesses.
devry fin 515 week 4 midterm,devry fin 515 week 4 problem set,devry fin 515 week 4,devry fin 515 week 4,devry fin 515,devry fin 515 week 4 tutorial,devry fin 515 week 4 assignment,devry fin 515 week 4 help
The following information is for Henenlotter Inc. for the year end.docxcherry686017
The following information is for Henenlotter Inc. for the year ended December 31, 2012.
Henenlotter had a cash and cash equivalents balance of $7100 on January 1, 2012.
CASH RECEIVED FROM:
Customers
?
Interest on investments
600
Sale of land (not in use)
1,000
Sale of Henenlotter Inc. common stock
750
Sale of Janis Corp. stock
500
Issuance of debt securities (bonds)
2,000
CASH PAID FOR:
Interest on debt
300
Income tax
80
Debt principal reduction
1,500
Purchase of equipment
4,100
Purchase of inventory
1,000
Dividends paid on Henenlotter common stock
200
Operating expenses
400
OTHER DATA
Revenue
600
Accounts Receivable (Jan. 1, 2012)
1,200
Accounts Receivable (Dec. 31, 2012)
900
Accounts written off during the year
200
Prepare a Statement of Cash Flows for the year.
Use the direct method for the operating activities section.
1. Four different competent accountants independently agree on the amount and method of reporting an economic event. The concept demonstrated is:
A. Reliability.
B. Comparability.
C. Completeness.
D. Verifiability.
E. All of the above
2. Which of the following best demonstrates the full disclosure principle?
A. The multi-step income statement.
B. The auditors' report.
C. The company's tax return.
D. Notes to financial statements.
E. None of the above.
3. Disclosure notes to a company's financial statements:
A. Are relatively unimportant facts that don't belong in the basic financial statements.
B. Document the source of financial statement facts, like literary footnotes.
C. Are an integral part of a company's financial statements.
D. Are irrelevant facts that are immaterial in amount.
E. None of the above.
4. An important argument in support of historical cost information is:
A. Relevance.
B. Predictive quality for future cash flows.
C. Materiality.
D. Verifiability.
E. All of the above
5. Primecoat Corporation could disseminate its annual financial statements two days earlier if it shifted substantial human resources from other operations to the annual report project. Management decided the value of the earlier report was not worth the added commitment of resources. The concept best demonstrated is:
A. Timeliness.
B. Materiality.
C. Relevance.
D. Cost effectiveness.
E. All of the above.
6. Mega Loan Company has very stringent credit requirements and, accordingly, has negligible losses from uncollectible accounts. The company's independent accountants did not protest when, contrary to GAAP, the company recorded bad debt expense only when specific accounts were determined to be uncollectible, rather than use an allowance for uncollectible accounts. The concept demonstrated is:
A. Comparability.
B. Faithful representation.
C. Cost effectiveness.
D. Materiality.
E. Two of the above are correct.
7. Recognizing expected losses immediately, but deferring expected gains, is an example of:
A. Materiality.
B. Conservatism.
C. Cost effectiveness.
D. Timeliness.
E. All o ...
(Multiple Choice) Purchasing an item of equipment for cash will .docxmarilynnhoare
(Multiple Choice)
Purchasing an item of equipment for cash will cause total assets, total liabilities, and stockholders’ equity to:
A.
increase, increase, and remain unchanged, respectively.
B.
remain unchanged, remain unchanged, and remain unchanged, respectively.
C.
increase, remain unchanged, and increase, respectively.
D.
increase, remain unchanged, and decrease, respectively.
E.
None of these.
(Multiple Choice)
Paying a previously recorded accounts payable will cause total assets, total liabilities, and stockholders' equity to:
A.
decrease, remain unchanged, and decrease, respectively.
B.
remain unchanged, remain unchanged, and decrease, respectively.
C.
remain unchanged, remain unchanged, and remain unchanged, respectively.
D.
decrease, decrease, and remain unchanged, respectively.
E.
None of these.
(Multiple Choice)
Which of the following is considered a revenue item?
A.
Proceeds of a bank loan.
B.
Investments by owner.
C.
Sales on account.
D.
All of these.
E.
None of these.
(Multiple Choice)
Which of the following would not cause stockholders' equity to fluctuate?
A.
Investments by shareholders.
B.
Dividends.
C.
Providing services at a profit or loss.
D.
Collection of accounts receivable.
E.
None of these.
(Multiple Choice)
Assume beginning assets of $60,000, ending assets of $80,000, a $10,000 decrease in liabilities, and ending stockholders' equity of $45,000.
If dividends exceeded capital stock issuances by $20,000, how much was net income for the period?
A.
$15,000.
B.
$30,000.
C.
$50,000.
D.
Cannot be determined from the information given.
E.
None of these.
(Essay)
Microtel began operations at the beginning of 20X6 with a $10,000 cash investment by stockholders. During 20X6, Microtel had revenue on account of $5,000; of this amount $2,000 was collected during 20X6 and $3,000 was an outstanding receivable at year-end. Microtel incurred $3,000 of operating expenses during 20X6; of this amount $1,000 was unpaid at year-end.
During 20X6, $1,000 cash was disbursed as dividends.
The only other transaction during 20X6 was the purchase of $5,000 of equipment for cash near the end of the year.
How much were Microtel's total assets at year-end?
(Multiple Choice)
Of the following account types, which normally display a credit balance:
A.
Assets and expenses.
B.
Assets and stockholders' equity.
C.
Assets, revenues, and stockholders' equity.
D.
Liabilities and expenses.
E.
None of these.
(Multiple Choice)
The dividend account:
A.
is an expense account.
B.
appears on the income statement.
C.
appears on the statement of retained earnings.
D.
normally has a credit balance.
E.
None of these.
(Multiple Choice)
Richards billed patients for $12,000 of services rendered.
The appropriate journal entry to record this transaction is:
A.
Debit Cash/Credit Revenue.
B.
Debit Accounts Receivable/Credit Revenue.
C.
Debit Revenue/Credit Cash.
D.
Debit .
15.
Ratio Analysis: Decision Focus
LO1, 2, 4, 5, 6
Avantronics is a manufacturer of electronic components and accessories that has total assets of $20,000,000. Selected financial ratios for Avantronics and the industry averages for firms of similar size are as follows:
Avantronics
Industry Average
Year 1
Year 2
Year 3
Current ratio
2.09
2.27
2.51
2.24
Quick ratio
1.15
1.12
1.19
1.22
Inventory turnover
2.40
2.18
2.02
3.50
Profit margin
0.14
0.15
0.17
0.11
Debt-to-equity ratio
0.24
0.37
0.44
0.35
Avantronics is being reviewed by several entities whose interests vary, and the company’s financial ratios are a part of the data being considered. Each of the following parties must recommend an action based on its evaluation of Avantronics’s financial position:
MidCoastal Bank.
The bank is processing Avantronics’s application for a new five-year term note. MidCoastal has been the banker for Avantronics for several years but must reevaluate the company’s financial position for each major transaction.
Ozawa Company.
Ozawa is a new supplier to Avantronics and must decide on the appropriate credit terms to extend to the company.
Drucker & Denon.
A brokerage firm specializing in the stock of electronics firms that are sold over the counter, Drucker & Denon must decide whether it will include Avantronics in a new fund being established for sale to Drucker & Denon’s clients.
Working Capital Management Committee.
This is a committee of Avantronics’s management personnel chaired by the chief operating officer. The committee is responsible for periodically reviewing the company’s working-capital position, comparing actual data against budgets, and recommending changes in strategy as needed.
Required
·
A. Describe the analytical use of each of the five ratios presented in the chart.
·
B. For each of the four entities described, identify the financial ratios, from those ratios presented, that would be most valuable as a basis for its decision regarding Avantronics.
·
C. Discuss what the financial ratios presented in the question reveal about Avantronics. Support your answer by citing specific ratio levels and trends, as well as the interrelationships among these ratios.
·
16.
·
Horizontal Analysis
LO2
·
Following are the income statements for Martha’s Miscellaneous for Year 1 and Year 2:
Martha’s Miscellaneous Comparative Statements of Income and Retained Earnings
$
%
Year 2
Year 1
Change
Change
Sales revenue
$700,000
$650,000
Cost of goods sold
500,000
455,000
Gross profit
$200,000
$195,000
Payroll expense
$ 50,000
$ 42,250
Insurance expense
30,000
29,000
Rent expense
18,000
18,000
Depreciation
35,000
15,000
Total expenses
$133,000
$104,250
Operating income
$ 67,000
$ 90,750
Interest expense
(7,000)
(5,000)
Gain on vehicle sale
25,000
—
Loss on sale of securities
(25,000)
—
Interest revenue
75,000
50,000
Net income before interest and taxes
$135,000
$13.
Krafty FoodsIncome Statement For the Year Ended Decemb.docxVinaOconner450
Krafty Foods
Income Statement
For the Year Ended December 31, 2013
($ in Millions)
Operating revenues
$_____________
Cost of Sales
$_____________
Gross Profit
$_____________
Marketing, general and administration
Expenses
$______________
Operating Income
$______________
Interest and other debt expense, net
$______________
Income before taxes
$______________
Income tax expense
$______________
Net Income
$_______________
1.
Which of the following is in accordance with generally accepted accounting principles?
A)
Accrual-basis accounting
B)
Cash-basis accounting
C)
Both accrual-basis and cash-basis accounting
D)
Neither accrual-basis nor cash-basis accounting
2.
Adjusting entries are required
A)
yearly.
B)
quarterly.
C)
monthly.
D)
every time financial statements are prepared.
3.
Accumulated Depreciation is
A)
an expense account.
B)
an owner's equity account.
C)
a liability account.
D)
a contra asset account.
4.
Depreciation is the process of
A)
valuing an asset at its fair value.
B)
increasing the value of an asset over its useful life in a rational and systematic manner.
C)
allocating the cost of an asset to expense over its useful life in a rational and systematic manner.
D)
writing down an asset to its real value each accounting period.
5.
Unearned revenue is classified as
A)
an asset account.
B)
a revenue account.
C)
a contra-revenue account.
D)
a liability account.
6.
At March 1, Psychocandy Inc. reported a balance in Supplies of $200. During March, the company purchased supplies for $750 and consumed supplies of $800. If no adjusting entry is made for supplies
A)
owner's equity will be overstated by $800.
B)
expenses will be understated by $750.
C)
assets will be understated by $250.
D)
net income will be understated by $800.
7.
Stone Roses Candies paid employee wages on and through Friday, January 26, and the next payroll will be paid in February. There are three more working days in January (29–31). Employees work 5 days a week and the company pays $1,500 a day in wages. What will be the adjusting entry to accrue wages expense at the end of January?
A)
Salaries and Wages Expense
1,500
Salaries and Wages Payable
1,500
B)
Salaries and Wages Expense
7,500
Salaries and Wages Payable
7,500
C)
Salaries and Wages Expense
4,500
Salaries and Wages Payable
4,500
D)
No adjusting entry is required.
8.
The adjusted trial balance is prepared
A)
after financial statements are prepared.
B)
before the trial balance.
C)
to prove the equality of total assets and total liabilities.
D)
after adjusting entries have been journalized and posted.
9.
Closing entries may be prepared from all of the following
except
A)
Adjusted balances in the ledger
B)
Income statement and balance sheet columns of the worksheet
C)
Balance sheet
D)
Income and owner's equity statements
10.
The income statement for the month of June, 2014 of Camera Obscura E.
Accounting for Business Major Assignment SP1 2015 Instructions.docxannetnash8266
Accounting for Business Major Assignment SP1 2015 Instructions
Due Date Thursday 7th May 2015 1.00pm Assignments must be submitted through the Turnitin link on the subject portal
Groups up to 3 students maximum are permitted.
Assignment must be in word format only.
All calculations and workings must be shown to receive any marks for each question
Do not include the question in your answers!
Question 1
Bill Smith has started a lawn mowing business (Bill’s Lawnmowing) as a temporary job/business which he intends to run until he starts his business degree at the University of South Australia in five months. Bill has never owned or run a business before. To start the business on 1 February 2014, he deposited $3,600 into a new bank account opened in the name of the business. The $3,600 consisted of a $3000 interest free loan from his Uncle (to be repaid in full over 2 years in equal amounts at the end of each month) and $600 of his own money. Bill rented some equipment, purchased supplies, and hired friends to mow and trim his customer’s lawns.
At the end of each month Bill sent invoices to his customers. On 30th June, he was ready to dissolve the business and start his university studies. As he was so busy, he kept few records other than his cheque book and a list of amounts owed to him by customers.
At 30 June, Bill’s business account cheque book shows a balance of $2,245, and his customers still owe him $750. During the period, he collected $5,800 from customers. His cheque book lists payments for supplies totalling $550, and he still has fuel and supplies that cost a total of $75 on hand. He paid his employees $3,200, and he still owes them $620 for their final week of work.
Bill rented some equipment from Kennard’s Hire. On 1 February, he signed a six-month rental agreement on lawnmowers and paid $1050 for the full period. Kennard’s Hire will refund the unused portion of the prepayment if the equipment is in good order when he returns it. In order to get the refund, Bill has kept the equipment in excellent condition. In fact during May paid $310 to repair one of the mowers.
To transport employees and equipment to jobs, Bill used a trailer that he bought for $780. He believes that the period’s work used up one-quarter of the trailer’s service potential. The business cheque book lists a payment of $660 for private cash withdrawals by Bill during the period, in addition he has a diary entry indicating that he also used $35 worth of fuel for his own vehicle.
Bill estimates that he spent approximately 45 hours working on the business during the period. He plans to recommence operations on a similar basis during major breaks in his university study and believes he will do better in later periods as he now has an existing customer base to work from.
Required
1. Prepare the business Income Statement for the period.
(9 marks)
2. Prepare the classified Balance Sheet at the end of the period.
(11.
ACC 300 Final Exam Answers
1) Which of the following statements is true?
only when operating conditions change significantly.
B. An unqualified independent auditor’s report must be included in the annual report.
because that information is only for internal users.
shareholders even when financial results are positive.
2) Notes to the financial statements include which of the following:
A. An independent auditors report.
B. Explanations of uncertainties.
C. Short-form Income Statement
D. Subsidiary ledger for Accounts Receivable
3) Which of the following financial statements is divided into major categories of
operating, investing, and financing activities?
A. The income statement.
B. The balance sheet.
C. The retained earnings statement.
D. The statement of cash flows.
4) If the retained earnings account increases from the beginning of the year to the
end of the year, then
A. net income is less than dividends.
B. a net loss is less than dividend
ACC 300 Final Exam Answers
1) Which of the following statements is true?
only when operating conditions change significantly.
B. An unqualified independent auditor’s report must be included in the annual report.
because that information is only for internal users.
shareholders even when financial results are positive.
2) Notes to the financial statements include which of the following:
A. An independent auditors report.
B. Explanations of uncertainties.
C. Short-form Income Statement
D. Subsidiary ledger for Accounts Receivable
3) Which of the following financial statements is divided into major categories of
operating, investing, and financing activities?
A. The income statement.
B. The balance sheet.
C. The retained earnings statement.
D. The statement of cash flows.
4) If the retained earnings account increases from the beginning of the year to the
end of the year, then
A. net income is less than dividends.
B. a net loss is less than dividend
ACC 300 Final Exam answers 2015 versionbrewgabrielse
ACC 300 Final Exam Answers
1) Which of the following statements is true?
only when operating conditions change significantly.
B. An unqualified independent auditor’s report must be included in the annual report.
because that information is only for internal users.
shareholders even when financial results are positive.
2) Notes to the financial statements include which of the following:
A. An independent auditors report.
B. Explanations of uncertainties.
C. Short-form Income Statement
D. Subsidiary ledger for Accounts Receivable
3) Which of the following financial statements is divided into major categories of
operating, investing, and financing activities?
A. The income statement.
B. The balance sheet.
C. The retained earnings statement.
D. The statement of cash flows.
4) If the retained earnings account increases from the beginning of the year to the
end of the year, then
A. net income is less than dividends.
B. a net loss is less than dividend
ACC 300 Final Exam Answers
1) Which of the following statements is true?
only when operating conditions change significantly.
B. An unqualified independent auditor’s report must be included in the annual report.
because that information is only for internal users.
shareholders even when financial results are positive.
2) Notes to the financial statements include which of the following:
A. An independent auditors report.
B. Explanations of uncertainties.
C. Short-form Income Statement
D. Subsidiary ledger for Accounts Receivable
3) Which of the following financial statements is divided into major categories of
operating, investing, and financing activities?
A. The income statement.
B. The balance sheet.
C. The retained earnings statement.
D. The statement of cash flows.
4) If the retained earnings account increases from the beginning of the year to the
end of the year, then
A. net income is less than dividends.
B. a net loss is less than dividend
ACC 300 Final Exam Answers
1) Which of the following statements is true?
only when operating conditions change significantly.
B. An unqualified independent auditor’s report must be included in the annual report.
because that information is only for internal users.
shareholders even when financial results are positive.
2) Notes to the financial statements include which of the following:
A. An independent auditors report.
B. Explanations of uncertainties.
C. Short-form Income Statement
D. Subsidiary ledger for Accounts Receivable
3) Which of the following financial statements is divided into major categories of
operating, investing, and financing activities?
A. The income statement.
B. The balance sheet.
C. The retained earnings statement.
D. The statement of cash flows.
4) If the retained earnings account increases from the beginning of the year to the
end of the year, then
A. net income is less than dividends.
B. a net loss is less than dividend
ACC 300 Final Exam Answers
1) Which of the following statements is true?
only when operating conditions change significantly.
B. An unqualified independent auditor’s report must be included in the annual report.
because that information is only for internal users.
shareholders even when financial results are positive.
2) Notes to the financial statements include which of the following:
A. An independent auditors report.
B. Explanations of uncertainties.
C. Short-form Income Statement
D. Subsidiary ledger for Accounts Receivable
3) Which of the following financial statements is divided into major categories of
operating, investing, and financing activities?
A. The income statement.
B. The balance sheet.
C. The retained earnings statement.
D. The statement of cash flows.
4) If the retained earnings account increases from the beginning of the year to the
end of the year, then
A. net income is less than dividends.
B. a net loss is less than dividend
ACC 300 Final Exam answers 2015 versionbrewgabrielse
ACC 300 Final Exam Answers
1) Which of the following statements is true?
only when operating conditions change significantly.
B. An unqualified independent auditor’s report must be included in the annual report.
because that information is only for internal users.
shareholders even when financial results are positive.
2) Notes to the financial statements include which of the following:
A. An independent auditors report.
B. Explanations of uncertainties.
C. Short-form Income Statement
D. Subsidiary ledger for Accounts Receivable
3) Which of the following financial statements is divided into major categories of
operating, investing, and financing activities?
A. The income statement.
B. The balance sheet.
C. The retained earnings statement.
D. The statement of cash flows.
4) If the retained earnings account increases from the beginning of the year to the
end of the year, then
A. net income is less than dividends.
B. a net loss is less than dividend
ACC 300 Final Exam answers 2015 versionbrewgabrielse
ACC 300 Final Exam Answers
1) Which of the following statements is true?
only when operating conditions change significantly.
B. An unqualified independent auditor’s report must be included in the annual report.
because that information is only for internal users.
shareholders even when financial results are positive.
2) Notes to the financial statements include which of the following:
A. An independent auditors report.
B. Explanations of uncertainties.
C. Short-form Income Statement
D. Subsidiary ledger for Accounts Receivable
3) Which of the following financial statements is divided into major categories of
operating, investing, and financing activities?
A. The income statement.
B. The balance sheet.
C. The retained earnings statement.
D. The statement of cash flows.
4) If the retained earnings account increases from the beginning of the year to the
end of the year, then
A. net income is less than dividends.
B. a net loss is less than dividend
ACC 300 Final Exam answers 2015 versionbrewgabrielse
ACC 300 Final Exam Answers
1) Which of the following statements is true?
only when operating conditions change significantly.
B. An unqualified independent auditor’s report must be included in the annual report.
because that information is only for internal users.
shareholders even when financial results are positive.
2) Notes to the financial statements include which of the following:
A. An independent auditors report.
B. Explanations of uncertainties.
C. Short-form Income Statement
D. Subsidiary ledger for Accounts Receivable
3) Which of the following financial statements is divided into major categories of
operating, investing, and financing activities?
A. The income statement.
B. The balance sheet.
C. The retained earnings statement.
D. The statement of cash flows.
4) If the retained earnings account increases from the beginning of the year to the
end of the year, then
A. net income is less than dividends.
B. a net loss is less than dividend
Similar to Accounting 9706 11 paper 1 multiple choice october november 2014 (20)
Accounting 970602 paper 2 structured questions october november 2008 Alpro
Accounting 970602 paper 2 structured questions october november 2008
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970602 paper 2 structured questions october november 2007 Alpro
Accounting 970602 paper 2 structured questions october november 2007
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970602 paper 2 structured questions october november 2006 Alpro
Accounting 970602 paper 2 structured questions october november 2006
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970602 paper 2 structured questions for examination from 2016 spec...Alpro
Accounting 970602 paper 2 structured questions for examination from 2016 specimen mark scheme
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970602 paper 2 core topics for examination from 2010 specimen paperAlpro
Accounting 970602 paper 2 core topics for examination from 2010 specimen paper
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970602 paper 2 core topics for examination from 2010 specimen mark...Alpro
Accounting 970602 paper 2 core topics for examination from 2010 specimen mark scheme
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970601 paper 1 multiple choice for examination from 2016 specimen ...Alpro
Accounting 970601 paper 1 multiple choice for examination from 2016 specimen mark scheme
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 97064 paper 4 problem solving (extension topics) may june session ...Alpro
Accounting 97064 paper 4 problem solving (extension topics) may june session 2002
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 9706 41 paper 4 problem solving (supplementary topics) october nov...Alpro
Accounting 9706 41 paper 4 problem solving (supplementary topics) october november 2013
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
9706 accounting november 2011 grade thresholds university of cambridge intern...Alpro
9706 accounting november 2011 grade thresholds university of cambridge international examinations 2011 accounting
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.