Intermediate Accounting 11Th Edition – Test Bank David Spiceland, Mark Nelson,

INTERMEDIATE ACCOUNTING 11TH
EDITION – TEST BANK DAVID
SPICELAND, MARK NELSON, WAYNE
THOMAS, JENNIFER WINCHEL ISBN:
9781264134526 COMPLETE QUESTION
BANK




INSTRUCTIONS: Select the BEST answer for
each question. Each question includes
the correct answer and a detailed rationale for
study purposes.


TEXTBOOK ORGANIZATION (21 Chapters,
4 Sections):


Section 1: The Role of Accounting as an
Information System



1

,- Chapter 1: Environment and Theoretical
Structure of Financial Accounting
- Chapter 2: Review of the Accounting Process
- Chapter 3: The Balance Sheet and Financial
Disclosures
- Chapter 4: The Income Statement,
Comprehensive Income, and Statement of
Cash Flows
- Chapter 5: Time Value of Money Concepts
- Chapter 6: Revenue Recognition


Section 2: Assets
- Chapter 7: Cash and Receivables
- Chapter 8: Inventories: Measurement
- Chapter 9: Inventories: Additional Issues
- Chapter 10: Property, Plant, and Equipment
and Intangible Assets: Acquisition


2

,- Chapter 11: Property, Plant, and Equipment
and Intangible Assets: Utilization and
Disposition
- Chapter 12: Investments


Section 3: Liabilities and Shareholders' Equity
- Chapter 13: Current Liabilities and
Contingencies
- Chapter 14: Bonds and Long-Term Notes
- Chapter 15: Leases
- Chapter 16: Accounting for Income Taxes
- Chapter 17: Pensions and Other
Postretirement Benefits
- Chapter 18: Shareholders' Equity


Section 4: Additional Financial Reporting
Issues


3

, - Chapter 19: Share-Based Compensation and
Earnings per Share
- Chapter 20: Accounting Changes and Error
Corrections
- Chapter 21: The Statement of Cash Flows
Revisited




SECTION 1: THE ROLE OF ACCOUNTING
AS AN INFORMATION SYSTEM




CHAPTER 1: ENVIRONMENT AND
THEORETICAL STRUCTURE (Questions 1-
30)




4