Acc/561 Final Examination Study Guide

final examination testing Study die ACC/561 variation 4 1 ACC/561 Final Examination Study Guide This study guide result fixate you for the Final Examination you will complete in the final week. It contains practice questions, which argon related to each weeks objectives. In addition, bear on to each weeks readings and your educatee guide as study references for the Final Examination. Week ane: Financial report and Analysis accusing: Differentiate between monetary arguments. 1. The _____ is likewise called the statement of monetary position. a. income statement b. equipoise sheet c. statement of retained earnings d. statement of working capital flows neutral: Differentiate between financial statements. 2. _____ is the field of business blood that develops information for external decision makers, such as stockholders, suppliers, banks, and political science restrictive agencies. a. Auditing b. c. d. Tax bank billing Management explanation Financial accountancying Objective: Differentiate between financial statements. 3. The primary users of management accounting information are _____. a. bankers b. governmental regulatory authorities c. inner decision makers d. suppliers Objective: mensurate financial statements of nongovernment organizations. 4. The Rebecca Company acquired trade enumeration costing $10,000 on September 1. The company will not pay for the inventory until October 1. This motion will refer the Rebecca Company by change magnitude the merchandise inventory account by $10,000 and by _____. a. increase the accounts payable account by $10,000 b. c. d. diminish the accounts payable account by $10,000 increasing the capital account by $10,000 decreasing the capital account by $10,000 Objective: Evaluate financial statements of nongovernment organizations. 5. Etiwanda Companys comptroller recorded a account to the accounts payable account and a credit to the cash account. Thi s transaction will _____. a. increase cash a! nd change magnitude accounts...If you hope to get a full essay, order it on our website: BestEssayCheap.com

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