Sunday, March 15, 2015

81 Free Test Bank for Financial Accounting 4th Canadian Edition Harrison

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Assets appear on the:
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The cash flow statement is divided into three categories relating to cash flows from operating, investing, and:
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The ending balance in retained earnings appears on the:
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Receivables are classified as:
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Dividends:
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Financial statements are:
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Common shares is a component of:
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Cash received from the sale of shares would appear:
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Suppose The Fruit Group buys a kiwi for $.10 and sells the kiwi for $.50. The cost of goods sold would be:
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On January 1, 2010, total assets for Liftoff Technologies were $125,000; on December 31, 2010, total assets were $145,000. On January 1, 2010, total liabilities were $110,000; on December 31, 2010, total liabilities were $115,000. What are the amount of the change and the direction of the change in Liftoff Technologies shareholders' equity for 2010?
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Common shares appear on the:
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Which of the following best describes a liability?
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Which of the following persons or groups have the ultimate control of a corporation?
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Claims held by the shareholders (owners. of a corporation are referred to as:
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Cost of goods sold is:
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The balance sheet is sometimes also called the:
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To determine a company's gross margin for the period, an investor would look on the:
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Revenues are:
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Which of the following represent(s. claims to economic resources?
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An investor wishes to assess a company's financial position at the end of the period. Which financial statement would the investor probably examine?
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The date of the income statement:
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Gains and losses appear on which of the financial statements listed below?
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Dividends appear on the:
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If assets increase $120,000 during a given period and liabilities decrease $25,000 during the same period, shareholders' equity must:
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Which of the following financial statements would a potential investor most likely use to evaluate a company's financial performance for the current period?
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Expenses are:
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Which of the following represent(s. claims to economic resources?
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Losses are reported on the:
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All of the following are forms of business organizations except:
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If liabilities increase $120,000 during a given period and shareholders' equity decreases $25,000 during the same period, assets must:
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Notes receivable due in 60 days would be classified as a:
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Operating expenses appear on the income statement:
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Net income is:
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What is the proper order for the cash flow statement?
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The owners' interest in the assets of a corporation is known as:
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Cash dividends:
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Shareholders' equity for Raisin Corporation on January 1, 2010 and December 31, 2010 were $60,000 and $75,000, respectively. Assets on January 1, 2010 and December 31, 2010 were $115,000 and $105,000, respectively. Liabilities on January 1, 2010 were $55,000. What is the amount of liabilities on December 31, 2010?
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The accounting equation can be stated as:
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