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Certified Facility Manager Practice Exam notes
Certified PRO - ISBN: 9781718060920
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Best selling Certified Facility Manager Practice Exam notes
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 
1) Scott's Camera Shop started the year with total assets of $80,000 and total liabilities of $40,000. During the 
year, the business earned revenues of $120,000 and incurred expenses of $70,000. Scott made no additional 
capital contributions during the year, but did make withdrawals of $60,000. What is the amount of owner's 
equity at the end of the year? 
A) $120,000 
B) $70,000 
C) $60,0...
- Exam (elaborations)
- • 37 pages •
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 
1) Scott's Camera Shop started the year with total assets of $80,000 and total liabilities of $40,000. During the 
year, the business earned revenues of $120,000 and incurred expenses of $70,000. Scott made no additional 
capital contributions during the year, but did make withdrawals of $60,000. What is the amount of owner's 
equity at the end of the year? 
A) $120,000 
B) $70,000 
C) $60,0...
Do you have documents that match this book? Sell them and earn money with your knowledge!
Newest Certified Facility Manager Practice Exam summaries
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 
1) Scott's Camera Shop started the year with total assets of $80,000 and total liabilities of $40,000. During the 
year, the business earned revenues of $120,000 and incurred expenses of $70,000. Scott made no additional 
capital contributions during the year, but did make withdrawals of $60,000. What is the amount of owner's 
equity at the end of the year? 
A) $120,000 
B) $70,000 
C) $60,0...
- Exam (elaborations)
- • 37 pages •
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 
1) Scott's Camera Shop started the year with total assets of $80,000 and total liabilities of $40,000. During the 
year, the business earned revenues of $120,000 and incurred expenses of $70,000. Scott made no additional 
capital contributions during the year, but did make withdrawals of $60,000. What is the amount of owner's 
equity at the end of the year? 
A) $120,000 
B) $70,000 
C) $60,0...
Do you have documents that match this book? Sell them and earn money with your knowledge!
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