SOLUTION MANUAL
For Financial Accounting: Tools For Business Decision Making 6th
Edition Binder Ready Version By Paul D. Kimmel Latest Update
Graded A+
, CHAPTER 1
A FURTHER LOOK AT FINANCIAL STATEMENTS
SUMMARY OF QUESTIONS BY LEARNING OBJECTIVE AND BLOOM’S TAXONOMY
ITEM LO BT ITEM LO BT ITEM LO BT ITEM LO BT ITEM LO BT
TRUE-FALSE STATEMENTS
1. 1 K 12. 2 K 23. 2 K 34. 3 K 45. 3 K
2. 1 K 13. 2 K 24. 2 K 35. 3 C 46. 3 K
3. 1 K 14. 2 K 25. 2 C 36. 3 K 47. 3 K
4. 1 K 15. 2 K 26. 3 K 37. 3 K 48. 3 K
5. 1 C 16. 2 C 27. 3 K 38. 3 C 49. 3 K
6. 1 K 17. 2 K 28. 3 K 39. 3 K 50. 3 K
7. 1 C 18. 2 K 29. 3 K 40. 3 K 51. 3 K
8. 2 K 19. 2 K 30. 3 K 41. 3 K 52. 3 K
9. 2 C 20. 2 K 31. 3 K 42. 3 K 53. 3 K
10. 2 K 21. 2 K 32. 3 C 43. 3 K 54. 3 K
11. 2 K 22. 2 K 33. 3 K 44. 3 K 55. 3 K
MULTIPLE CHOICE QUESTIONS
56. 1 K 84. 2 AP 112. 2 C 140. 2 AP 168. 3 K
57. 1 K 85. 1 AP 113. 2 K 141. 2 AP 169. 3 C
58. 1 K 86. 1 AP 114. 2 K 142. 2 AN 170. 3 C
59. 1 K 87. 1 AP 115. 1 AP 143. 2 AP 171. 3 C
60. 1 K 88. 1 AP 116. 2 AP 144. 2 AP 172. 3 C
61. 1 K 89. 1 AP 117. 2 AP 145. 2 C 173. 3 K
62. 1 K 90. 2 AP 118. 2 AP 146. 3 K 174. 3 C
63. 1 K 91. 2 AP 119. 2 AP 147. 3 K 175. 3 C
64. 1 K 92. 2 K 120. 2 AP 148. 3 K 176. 3 K
65. 1 K 93. 2 AP 121. 2 AP 149. 3 K 177. 3 K
66. 1 K 94. 2 AP 122. 2 AP 150. 3 K 178. 3 K
67. 1 K 95. 2 K 123. 2 AP 151. 3 K 179. 3 K
68. 1 K 96. 2 K 124. 2 AP 152. 3 K 180. 3 C
69. 1 K 97. 2 C 125. 2 K 153. 3 K 181. 3 K
70. 1 K 98. 2 K 126. 2 K 154. 3 K 182. 3 K
71. 1 K 99. 2 AN 127. 2 K 155. 3 K 183. 3 K
72. 1 AP 100. 2 AN 128. 2 C 156. 3 K 184. 3 K
73. 1 K 101. 2 AP 129. 2 C 157. 3 K 185. 3 K
74. 2 K 102. 2 AN 130. 2 C 158. 3 K 186. 3 C
75. 1 AP 103. 2 K 131. 2 C 159. 3 K 187. 3 C
76. 1 AP 104. 2 K 132. 2 AP 160. 3 K 188. 3 K
77. 1 AP 105. 2 K 133. 2 AP 161. 3 K 189. 3 K
78. 2 AP 106. 2 C 134. 2 AP 162. 3 K 190. 3 C
79. 2 AP 107. 2 K 135. 2 AP 163. 3 K 191. 3 C
80. 1 AP 108. 2 K 136. 2 K 164. 3 K 192. 3 C
81. 1 AP 109. 2 K 137. 2 K 165. 3 C
82. 1 AP 110. 2 K 138. 2 K 166. 3 C
83. 2 AP 111. 2 C 139. 2 K 167. 3 C
, BRIEF EXERCISES
193. 1 AP 195. 2 AP 197. 3 K 199. 3 C 201. 3 K
194. 2 AP 196. 3 K 198. 3 C 200. 3 C
EXERCISES
202. 1 AP 206. 1, 2 AP 210. 2 AP 214. 2 K
203. 1 K 207. 1 AP 211. 2 AP 215. 2 AP
204. 1. AP 208. 1 AP 212. 2 AP 216. 2 AP
205. 1, 2 AP 209. 2 AP 213. 2 AN 217. 2 AN
COMPLETION STATEMENTS
218. 3 K 220. 3 K 222. 2 K 224. 2 K 225. 2 K
219. 3 K 221. 3 K 223. 1 K
MATCHING
226. 1-3 K
SHORT ANSWER ESSAY
227. 1 K 230. 2 C 233. 3 C 236. 2 E 237. 3 E
228. 2, K 231. 3 C 234. 3 K
229. 1, 2 K 232. 3 C 235. 3 K
SUMMARY OF LEARNING OBJECTIVES BY QUESTION TYPE
LEARNING OBJECTIVE 1
ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE
1. TF 58. MC 67. MC 77. MC 115. MC 223. CS
2. TF 59. MC 68. MC 80. MC 193. BE 226. MA
3. TF 60. MC 69. MC 81. MC 202. EX 227. SA
4. TF 61. MC 70. MC 82. MC 203. EX 229. SA
5. TF 62. MC 71. MC 85. MC 204. EX
6. TF 63. MC 72. MC 86. MC 205. EX
7. TF 64. MC 73. MC 87. MC 206. EX
56. MC 65. MC 75. MC 88. MC 207. EX
57. MC 66. MC 76. MC 89. MC 208. EX
LEARNING OBJECTIVE 2
ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE
8. TF 25. TF 101. MC 119. MC 136. MC 212. EX
9. TF 74. MC 102. MC 120. MC 137. MC 213. EX
10. TF 78. MC 103. MC 121. MC 138. MC 214. EX
11. TF 79. MC 104. MC 122. MC 139. MC 215. EX
12. TF 83. MC 105. MC 123. MC 140. MC 216. EX
13. TF 84. MC 106. MC 124. MC 141. MC 217. EX
14. TF 90. MC 107. MC 125. MC 142. MC 222. CS
15. TF 91. MC 108. MC 126. MC 143. MC 224. CS
16. TF 92. MC 109. MC 127. MC 144. MC 225. CS
17. TF 93. MC 110. MC 128. MC 145. MC 228. SA
18. TF 94. MC 111. MC 129. MC 194. BE 229. SA
19. TF 95. MC 112. MC 130. MC 195. BE 230. SA
20. TF 96. MC 113. MC 131. MC 205. EX 236 SA
21. TF 97. MC 114. MC 132. MC 206. EX
22. TF 98. MC 116. MC 133. MC 209. EX
23. TF 99. MC 117. MC 134. MC 210. EX
24. TF 100. MC 118. MC 135. MC 211. EX
, LEARNING OBJECTIVE 3
ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE
26. TF 43. TF 150. MC 167. MC 184. MC 220. CS
27. TF 44. TF 151. MC 168. MC 185. MC 221. CS
28. TF 44. TF 152. MC 169. MC 186. MC 226. MA
29. TF 45. TF 153. MC 170. MC 187. MC 231. SA
30. TF 47. TF 154. MC 171. MC 188. MC 232. SA
31. TF 48. TF 155. MC 172. MC 189. MC 233. SA
32. TF 49. TF 156. MC 173. MC 190. MC 234. SA
33. TF 50. TF 157. MC 174. MC 191. MC 235. SA
34. TF 51. TF 158. MC 175. MC 192. MC 237. SA
35. TF 52. TF 159. MC 176. MC 196. BE
36. TF 53. TF 160. MC 177. MC 197. BE
37. TF 54. TF 161. MC 178. MC 198. BE
38. TF 55. TF 162. MC 179. MC 199. BE
39. TF 146. MC 163. MC 180. MC 200. BE
40. TF 147. MC 164. MC 181. MC 201. BE
41. TF 148. MC 165. MC 182. MC 218. CS
42. TF 149. MC 166. MC 183. MC 219. CS
NOTE: TF = TRUE-FALSE C=
COMPLETION MC = MULTIPLE CHOICE EX
= EXERCISE
MA = MATCHING SA = SHORT ANSWER ESSAY
For Financial Accounting: Tools For Business Decision Making 6th
Edition Binder Ready Version By Paul D. Kimmel Latest Update
Graded A+
, CHAPTER 1
A FURTHER LOOK AT FINANCIAL STATEMENTS
SUMMARY OF QUESTIONS BY LEARNING OBJECTIVE AND BLOOM’S TAXONOMY
ITEM LO BT ITEM LO BT ITEM LO BT ITEM LO BT ITEM LO BT
TRUE-FALSE STATEMENTS
1. 1 K 12. 2 K 23. 2 K 34. 3 K 45. 3 K
2. 1 K 13. 2 K 24. 2 K 35. 3 C 46. 3 K
3. 1 K 14. 2 K 25. 2 C 36. 3 K 47. 3 K
4. 1 K 15. 2 K 26. 3 K 37. 3 K 48. 3 K
5. 1 C 16. 2 C 27. 3 K 38. 3 C 49. 3 K
6. 1 K 17. 2 K 28. 3 K 39. 3 K 50. 3 K
7. 1 C 18. 2 K 29. 3 K 40. 3 K 51. 3 K
8. 2 K 19. 2 K 30. 3 K 41. 3 K 52. 3 K
9. 2 C 20. 2 K 31. 3 K 42. 3 K 53. 3 K
10. 2 K 21. 2 K 32. 3 C 43. 3 K 54. 3 K
11. 2 K 22. 2 K 33. 3 K 44. 3 K 55. 3 K
MULTIPLE CHOICE QUESTIONS
56. 1 K 84. 2 AP 112. 2 C 140. 2 AP 168. 3 K
57. 1 K 85. 1 AP 113. 2 K 141. 2 AP 169. 3 C
58. 1 K 86. 1 AP 114. 2 K 142. 2 AN 170. 3 C
59. 1 K 87. 1 AP 115. 1 AP 143. 2 AP 171. 3 C
60. 1 K 88. 1 AP 116. 2 AP 144. 2 AP 172. 3 C
61. 1 K 89. 1 AP 117. 2 AP 145. 2 C 173. 3 K
62. 1 K 90. 2 AP 118. 2 AP 146. 3 K 174. 3 C
63. 1 K 91. 2 AP 119. 2 AP 147. 3 K 175. 3 C
64. 1 K 92. 2 K 120. 2 AP 148. 3 K 176. 3 K
65. 1 K 93. 2 AP 121. 2 AP 149. 3 K 177. 3 K
66. 1 K 94. 2 AP 122. 2 AP 150. 3 K 178. 3 K
67. 1 K 95. 2 K 123. 2 AP 151. 3 K 179. 3 K
68. 1 K 96. 2 K 124. 2 AP 152. 3 K 180. 3 C
69. 1 K 97. 2 C 125. 2 K 153. 3 K 181. 3 K
70. 1 K 98. 2 K 126. 2 K 154. 3 K 182. 3 K
71. 1 K 99. 2 AN 127. 2 K 155. 3 K 183. 3 K
72. 1 AP 100. 2 AN 128. 2 C 156. 3 K 184. 3 K
73. 1 K 101. 2 AP 129. 2 C 157. 3 K 185. 3 K
74. 2 K 102. 2 AN 130. 2 C 158. 3 K 186. 3 C
75. 1 AP 103. 2 K 131. 2 C 159. 3 K 187. 3 C
76. 1 AP 104. 2 K 132. 2 AP 160. 3 K 188. 3 K
77. 1 AP 105. 2 K 133. 2 AP 161. 3 K 189. 3 K
78. 2 AP 106. 2 C 134. 2 AP 162. 3 K 190. 3 C
79. 2 AP 107. 2 K 135. 2 AP 163. 3 K 191. 3 C
80. 1 AP 108. 2 K 136. 2 K 164. 3 K 192. 3 C
81. 1 AP 109. 2 K 137. 2 K 165. 3 C
82. 1 AP 110. 2 K 138. 2 K 166. 3 C
83. 2 AP 111. 2 C 139. 2 K 167. 3 C
, BRIEF EXERCISES
193. 1 AP 195. 2 AP 197. 3 K 199. 3 C 201. 3 K
194. 2 AP 196. 3 K 198. 3 C 200. 3 C
EXERCISES
202. 1 AP 206. 1, 2 AP 210. 2 AP 214. 2 K
203. 1 K 207. 1 AP 211. 2 AP 215. 2 AP
204. 1. AP 208. 1 AP 212. 2 AP 216. 2 AP
205. 1, 2 AP 209. 2 AP 213. 2 AN 217. 2 AN
COMPLETION STATEMENTS
218. 3 K 220. 3 K 222. 2 K 224. 2 K 225. 2 K
219. 3 K 221. 3 K 223. 1 K
MATCHING
226. 1-3 K
SHORT ANSWER ESSAY
227. 1 K 230. 2 C 233. 3 C 236. 2 E 237. 3 E
228. 2, K 231. 3 C 234. 3 K
229. 1, 2 K 232. 3 C 235. 3 K
SUMMARY OF LEARNING OBJECTIVES BY QUESTION TYPE
LEARNING OBJECTIVE 1
ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE
1. TF 58. MC 67. MC 77. MC 115. MC 223. CS
2. TF 59. MC 68. MC 80. MC 193. BE 226. MA
3. TF 60. MC 69. MC 81. MC 202. EX 227. SA
4. TF 61. MC 70. MC 82. MC 203. EX 229. SA
5. TF 62. MC 71. MC 85. MC 204. EX
6. TF 63. MC 72. MC 86. MC 205. EX
7. TF 64. MC 73. MC 87. MC 206. EX
56. MC 65. MC 75. MC 88. MC 207. EX
57. MC 66. MC 76. MC 89. MC 208. EX
LEARNING OBJECTIVE 2
ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE
8. TF 25. TF 101. MC 119. MC 136. MC 212. EX
9. TF 74. MC 102. MC 120. MC 137. MC 213. EX
10. TF 78. MC 103. MC 121. MC 138. MC 214. EX
11. TF 79. MC 104. MC 122. MC 139. MC 215. EX
12. TF 83. MC 105. MC 123. MC 140. MC 216. EX
13. TF 84. MC 106. MC 124. MC 141. MC 217. EX
14. TF 90. MC 107. MC 125. MC 142. MC 222. CS
15. TF 91. MC 108. MC 126. MC 143. MC 224. CS
16. TF 92. MC 109. MC 127. MC 144. MC 225. CS
17. TF 93. MC 110. MC 128. MC 145. MC 228. SA
18. TF 94. MC 111. MC 129. MC 194. BE 229. SA
19. TF 95. MC 112. MC 130. MC 195. BE 230. SA
20. TF 96. MC 113. MC 131. MC 205. EX 236 SA
21. TF 97. MC 114. MC 132. MC 206. EX
22. TF 98. MC 116. MC 133. MC 209. EX
23. TF 99. MC 117. MC 134. MC 210. EX
24. TF 100. MC 118. MC 135. MC 211. EX
, LEARNING OBJECTIVE 3
ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE ITEM TYPE
26. TF 43. TF 150. MC 167. MC 184. MC 220. CS
27. TF 44. TF 151. MC 168. MC 185. MC 221. CS
28. TF 44. TF 152. MC 169. MC 186. MC 226. MA
29. TF 45. TF 153. MC 170. MC 187. MC 231. SA
30. TF 47. TF 154. MC 171. MC 188. MC 232. SA
31. TF 48. TF 155. MC 172. MC 189. MC 233. SA
32. TF 49. TF 156. MC 173. MC 190. MC 234. SA
33. TF 50. TF 157. MC 174. MC 191. MC 235. SA
34. TF 51. TF 158. MC 175. MC 192. MC 237. SA
35. TF 52. TF 159. MC 176. MC 196. BE
36. TF 53. TF 160. MC 177. MC 197. BE
37. TF 54. TF 161. MC 178. MC 198. BE
38. TF 55. TF 162. MC 179. MC 199. BE
39. TF 146. MC 163. MC 180. MC 200. BE
40. TF 147. MC 164. MC 181. MC 201. BE
41. TF 148. MC 165. MC 182. MC 218. CS
42. TF 149. MC 166. MC 183. MC 219. CS
NOTE: TF = TRUE-FALSE C=
COMPLETION MC = MULTIPLE CHOICE EX
= EXERCISE
MA = MATCHING SA = SHORT ANSWER ESSAY