Tuesday, March 17, 2015

57 Free Test Bank for Survey of Accounting 5th Edition by Warren 

You have never taken an accounting coursebefore?or you have not yet grasped all dense material in the text. Keep calm! 57 free test bank for Survey of Accounting 5th Edition by Warren Multiple Choice Questions, as its title, will support you within the path of accounting career as well as give an overview of financial and managerial accounting with basic topics. All logical and accurate cost accounting questions and answers explain everything in great detail and in their simplest form-multiple choice or true/false. Many exercises at end of chapter toare used as review attached with respondus for your reference. Your practice experience will immediately prove for what we commented on above.
Please visit the link below to get full questions and answers:
Governments have an interest in the economic performance of business because of
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Given the following list of accounts, calculate Total Assets: Accounts Receivable$ 5,000 Capital Stock20,000 Cash19,300 Equipment15,400 Fees Earned44,400 Miscellaneous Expense18,200 Rent Expense4,150 Retained Earnings6,550 Wages Expense13,900
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Recording revenue when a sale is made most directly relates to which concept?
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Which of the following is considered an asset until consumed?
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Including all relevant data a reader needs to understand the financial condition and performance of a business refers to which concept?
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The portion of a corporation's net income retained in the business is called
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A list of assets, liabilities, and owners' equity as of a specific date is a(n)
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Managers are evaluated primarily on the business's
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Debts owed by a business are referred to as
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Heedy Company had the following account balances in 2010 and 2011, respectively. Assuming dividends of $20,000 were paid in 2011, how much was net income? 20112010 Capital Stock$ 42,000$ 40,000 Retained Earningsx 210,000 Total Stockholders’ Equity$ 314,000$ 250,000
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A note payable requires payment of the amount borrowed plus
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More that 70% of businesses are organized as what type of business?
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A summary of the cash receipts and cash payments for a specific period of time is a(n)
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Rights to payments from customers are
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Which of the following would NOT be an example of a merchandising business?
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Who has first preference to assets in case a business fails?
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__________ is the increase in assets from selling products and services.
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Which of the following is NOT a characteristic of a cdorporation?
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An entity that is organized according to state or federal statutes and in which ownership is divided into shares of stock is a
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Which statement is normally prepared first?
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If there was no beginning retained earnings, net income of $20,000, and ending retained earnings of $6,000, how much were dividends?
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Which of the following is NOT an example of a capital market stakeholder?
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Costs incurred in operating a business are also known as
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Shares of ownership are evidenced by issuing
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Which of the following is an example of an intangible asset?
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Which of the following is TRUE in regards to a limited liability company?
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Cash collected from sales during the normal course of business would be an example of which type of business activity?
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