Tuesday, May 5, 2015

76 Free Test Bank for Financial Accounting 5th Canadian Edition by Harrison

76 free test bank for Financial Accounting 5th Canadian Edition by Harrison multiple choice questions help gauge your readiness for financial accounting, fulfill your missing knowledge and well wrap up your exam preparation. Those sample questions show thorough coverage of chapter 1 of financial statements geared towards your critical thinking enhancement. The 76 sample test questions for textbook are fairly divided into two pages, and your task is to click on the best choice for each question among 4 possible answers. Then hit the submit button to the bottom to have your results automatically checked and marked. Apart from multiple choice, now there’re readily available true false and free text questions for your free online practice. Enjoy and benefit a lot from using it!
Kindly go to the link below to get full questions and answers:
https://testbank123.com/76-free-test-bank-for-financial-accounting-5th-canadian-edition-by-harrison-multiple-choice-questions.html
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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Receivables are classified as:
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The ________ assumption assumes that the organization will continue operating normally for the foreseeable future.
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Common shares is a component of:
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The principle that states that assets acquired by the business should be recorded at their actual price is the:
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The accounting equation can be stated as:
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Revenues are:
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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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The CEO of a business owns a home and two automobiles. The company the CEO works for also owns automobiles and a home in a remote area used for strategic planning meetings by its executives. Which principle or assumption "draws a sharp boundary" around the possessions of the CEO and the assets of the business for which he works?
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The owners' interest in the assets of a corporation is known as:
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Which of the following best describes a liability?
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The relevant measure of value of the assets of a company that is going out of business is its:
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Gains and losses appear on which of the financial statements listed below?
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Claims held by the shareholders (owners) of a corporation are referred to as:
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The main source of cash for a business normally arises from:
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Payables are classified as:
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Cost of goods sold is:
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Retained earnings appear on which of the following financial statements?
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The stable-monetary-unit assumption is the basis for ignoring:
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Dividends:
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The accounting concept that maintains that each organization or section of an organization stands apart from other organizations and individuals is known as the:
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The date of the income statement:
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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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