TEST BANK Corporate Financial Accounting, 16th Edition By Carl S. Warren Jeff Jones, All Chapters 1 - 14, Complete

TEST BANK
Corporate Financial Accounting, 16th Edition
By Carl S. Warren Jeff Jones, All Chapters 1 - 14, Complete




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, ChapterX1:IntroductionXtoXAccountingXandXBusiness

ChapterX2:AnalyzingXTransactions

ChapterX3:TheXAdjustingXProcess

ChapterX4:TheXAccountingXCycle

ChapterX5:AccountingXforXRetailXBusinesses

ChapterX6:Inventories

ChapterX7:InternalXControlXandXCash

ChapterX8:Receivables

ChapterX9:Long-TermXAssets:XFixedXandXIntangible

ChapterX10:Liabilities:XCurrent,XInstallmentXNotes,XandXContingencies

ChapterX11:Liabilities:XBondsXPayable

ChapterX12:Corporations:XOrganization,XStockXTransactions,XandXDividends

ChapterX13:StatementXofXCashXFlows

ChapterX14:FinancialXStatementXAnalysis




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,ChapterX01X-XAccountingXandXBusiness

1. AXcorporationXisXaXbusinessXthatXisXlegallyXseparateXandXdistinctXfromXitsXowners.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
Bloom's:XRemembering
QUESTIONXTYPE: TrueX/XFalse
HASXVARIABLES: False
LEARNINGXOBJECTIVES: FNMN.WAJO.19.01X 01X-XLO:X01-01
ACCREDITINGXSTANDARDS:X ACCT.ACBSP.APC.03X-XBusinessXForms
ACCT.AICPA.BB.01X-XIndustry
ACCT.AICPA.FN.03X-
XMeasurementXBUSPROG:XAnalytic
DATEXCREATED: 7/26/2017X4:27XPM
DATEXMODIFIED: 10/16/2017X3:33XPM

2. TheXroleXofXaccountingXisXtoXprovideXmanyXdifferentXusersXwithXfinancialXinformationXtoXmakeXeconomicXdecisions.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Moderate
Bloom's:XRemembering
QUESTIONXTYPE: TrueX/XFalse
HASXVARIABLES: False
LEARNINGXOBJECTIVES: FNMN.WAJO.19.01X 01X-XLO:X01-01
ACCREDITINGXSTANDARDS:X ACCT.ACBSP.APC.01X-XPurpose
ACCT.AICPA.FN.03X-
XMeasurementXBUSPROG:XAnalytic
DATEXCREATED: 7/26/2017X4:27XPM
DATEXMODIFIED: 10/16/2017X3:33XPM

3. AccountingXinformationXusersXneedXreportsXaboutXtheXeconomicXactivitiesXandXconditionXofXbusinesses.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Easy
Bloom's:XRemembering
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, QUESTIONXTYPE: TrueX/XFalse
HASXVARIABLES: False
LEARNINGXOBJECTIVES: FNMN.WAJO.19.01-01X-XLO:X01-01
ACCREDITINGXSTANDARDS:X ACCT.ACBSP.APC.01X-XPurpose
ACCT.AICPA.BB.01X-XIndustry
ACCT.AICPA.FN.03X-
XMeasurementXBUSPROG:XAnalytic
DATEXCREATED: 7/26/2017X4:27XPM
DATEXMODIFIED: 10/16/2017X3:33XPM

4. ManagerialXaccountingXinformationXisXusedXbyXexternalXandXinternalXusersXequally.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
Bloom's:XRemembering
QUESTIONXTYPE: TrueX/XFalse
HASXVARIABLES: False
LEARNINGXOBJECTIVES: FNMN.WAJO.19.01X 01X-XLO:X01-01
ACCREDITINGXSTANDARDS:X ACCT.ACBSP.APC.01X-XPurpose
ACCT.ACBSP.APC.25X-XManagerialXCharacteristics/TerminologyXACCT.AICPA.FN.03X-
XMeasurement
BUSPROG:XAnalytic
DATEXCREATED: 7/26/2017X4:27XPM
DATEXMODIFIED: 10/16/2017X3:33XPM

5. SeniorXexecutivesXcannotXbeXcriminallyXprosecutedXforXtheXwrongXdoingsXtheyXcommitXonXbehalfXofXtheXcompan
iesXwhereXtheyXwork.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Easy
Bloom's:XRemembering
QUESTIONXTYPE: TrueX/XFalse
HASXVARIABLES: False
LEARNINGXOBJECTIVES: FNMN.WAJO.19.01X 01X-XLO:X01-01
ACCREDITINGXSTANDARDS:X ACCT.ACBSP.APC.01X-XPurpose
ACCT.AICPA.BB.03X-XLegal
ACCT.AICPA.FN.03X-
XMeasurementXBUSPROG:XEthics
DATEXCREATED: 7/26/2017X4:27XPM
DATEXMODIFIED: 10/16/2017X3:33XPM


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